- 27,285,000 €
- 4.7% yield
- Geroskipou Apartment building 1,848,000 €
- Basic parameters
- Photo
№ 2,501,931
All photos
Apartment building 769 m² in Geroskipou
1,848,000 €
2,403 € /m²
- Apartments —
- Yield —
- Constructed 2009
- Price per key —
Key project parameters
- Total area
- 769 m²
- Land area
- 530 m²
- Number of parking lots
- 11
- Floors
- 3
- Constructed
- 2009
Project description
Residential Building for Sale – Geroskipou, Paphos. An excellent investment opportunity located in the highly sought-after area of Geroskipou, Paphos. This well-maintained residential building consists of 11 apartments across multiple levels, offering a strong and stable rental yield. Key Features 8 × 1-bedroom apartments 3 × 2-bedroom apartments Total covered areas: 769 sq. m. Elevator Underground covered parking Storage rooms Utilities included Common area cleaning Well-kept communal spaces Financial Highlights Monthly rental income: € 8,000 Annual income: € 96,000 Maintenance expenses: € 180/month This property offers consistent returns, making it ideal for investors seeking long-term passive income in a thriving rental market. Located close to amenities, schools, supermarkets, and only a short drive from Paphos center and the coastline, the building benefits from high rental demand all year round. Resale | Completed in 2009
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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