Properties | Residential
FOR Sale
ID: 61242
€1.848.000
Paphos,
Geroskipou
Default,
Residential

Building (Default) in Geroskipou, Paphos for Sale

Building (Default) in Geroskipou, Paphos for Sale

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

Additional Details

Plot area: 530 m2
Covered area: 769 m2
Parking spaces: 11
Floors: 3
Completion year: 2009
Price: €1.848.000

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Building (Default) in Geroskipou, Paphos for Sale

Property ID: 61242