Overview
- Property ID
- 165639
- 8 Bedrooms
- 8 Bathrooms
- 284.00 m2
Description
Asking price: €950,000
Construction year: 2003
Total covered area: 284m²
Current rental income: €4,100/month | €49,200/year
An excellent resale investment opportunity in Universal, Paphos, comprising a whole building with four individually designed 2-bedroom apartments.
The property offers an attractive combination of multiple rental units, established rental income and a highly sought-after location, making it suitable for investors seeking stable rental returns and long-term capital appreciation potential.
Property details
- 4 x 2-bedroom apartments
- Total covered area: 284m²
- Construction year: 2003
- Modern open-plan living and dining areas
- Contemporary kitchens
- Spacious bedrooms
- Built-in wardrobes
- Abundant natural light
- Covered parking
- Storage
- Common rooftop terrace
- Common expenses: approximately €70/month
Investment highlights
The four apartments are currently rented, generating a combined rental income of approximately €4,100 per month, equivalent to €49,200 annually.
Based on the current asking price, this represents a gross annual rental yield of approximately 5.18%.
The four units are currently generating approximately €1,000–€1,100 per apartment per month, reflecting the strong demand for quality long-term rental properties in Paphos.
Prime location – Universal, Paphos
Located in the popular Universal area of Paphos, the property benefits from a well-established residential environment with convenient access to the city centre, amenities, restaurants, schools and the coastline.
With four separate rental units within one building, this property offers investors the advantage of diversified rental income, while the established rental market in Paphos provides strong potential for continued demand.
Key investment benefits
- Whole building ownership
- 4 independent 2-bedroom apartments
- Existing rental income
- €49,200 current annual income
- Approx. 5.18% gross yield at asking price
- Covered parking and storage
- Common rooftop terrace
- Strong long-term rental demand
- Excellent investment location in Universal, Paphos
Asking price: €950,000
An attractive opportunity for investors looking to acquire a fully income-producing residential asset in one of Paphos’s established rental areas.
