- 27,285,000 €
- 4.7% yield
- Kato Paphos Apartment building 950,000 €
- Basic parameters
- Photo
№ 2,550,811
All photos
Apartment building 284 m² in Kato Paphos
950,000 €
3,345 € /m²
- Apartments —
- Yield —
- Constructed 2003
- Price per key —
Key project parameters
- Total area
- 284 m²
- Land area
- 500 m²
- Number of parking lots
- 4
- Floors
- 3
- Constructed
- 2003
Project description
Residential Building for Sale – Kato Paphos. An excellent resale investment opportunity in Kato Paphos, offering a well-maintained residential building consisting of 4 spacious two-bedroom apartments. Built in 2003, the property offers a strong existing rental income and an attractive location close to the area’s amenities and attractions. The building has a total covered area of 284 sq. m. and is currently generating a monthly rental income of € 4,100, providing a total annual income of € 49,200. Property Features 4 Two-Bedroom Apartments Total Covered Area: 284 sq. m. Monthly Rental Income: € 4,100 Annual Rental Income: € 49,200 Storage units Communal rooftop Covered allocated parking spaces Monthly maintenance expenses: approximately € 70, including utilities and cleaning Located in Kato Paphos, the building benefits from easy access to local amenities, restaurants, shops, services and the popular tourist and coastal areas of Paphos. An ideal opportunity for investors looking for a resale property with established rental income and multiple residential units.
Tenants
- Agreement
- n/a
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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