€ 882 000
€ 2 571 / sqm
8 bedrooms Building in Paphos, Cyprus No. 61288
8
Bedrooms
8
Bathrooms
343 sq.m.
Square
Parameters
Property Description
A residential apartment building is available for sale in the highly desirable Universal area of Paphos, one of the city’s most sought-after locations. The development building includes four well-designed two-bedroom apartments, with a total covered area of 343 sqm. Each apartment offers bright and functional living spaces, designed with comfort in mind, and benefits from access to a communal swimming pool as well as dedicated outdoor parking.
The complex is ideally positioned, providing residents with excellent connectivity to all parts of Paphos. The city center, sandy beaches, shops, schools, and essential services are just minutes away, making this location particularly appealing for both permanent living and long-term rentals. With Universal being one of the most popular residential districts, the property enjoys consistent demand and long-term rental security.
All apartments are currently let on long-term agreements, offering investors a steady return with yields between 5% and 7%. Each unit includes two bedrooms, one bathroom, a well-proportioned internal living area of 70 sqm, a covered veranda of 10 sqm, and an additional uncovered balcony of 6 sqm. The apartments are fully furnished, with communal fees set at just €84 per month, making this a well-maintained and profitable investment opportunity in one of Paphos’s prime locations.
Features
Car park
Statistics
€ 3 890
Price per sq.m.
181
Quality of Life Index
54
Cost of Living Index
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Parameters
Paphos
Rent Per Month
Apartment (1 bedroom) in City Centre
€ 1 017
Apartment (1 bedroom) Outside of Centre
€ 875
Apartment (3 bedrooms) in City Centre
€ 1 863
Apartment (3 bedrooms) Outside of Centre
€ 1 671
Buy Apartment Price
Price per square metre in the city centre
€ 3 890
Price per square metre outside the city centre
€ 2 229
Data are provided by Numbeo.com and are based on its users survey. Cyprus-Real.Estate can not guarantee the validity of these data.