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Residential building in geroskipou, paphos

Paphos, Geroskipou
Posted: Today 15:57 Ad ID: 6407322
Residential building in geroskipou, paphos-1 Residential building in geroskipou, paphos-2 Residential building in geroskipou, paphos-3
Location: Paphos — Geroskipou
Approximate location
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An exceptional opportunity to acquire a full residential building in the rapidly developing area of Geroskipou, ideally positioned for strong rental returns and long-term capital growth.

This under-construction project (completion June 2026) comprises 8 modern apartments across 4 levels, designed to meet current rental demand with a high-performing unit mix of 1- and 2-bedroom apartments, plus a premium penthouse.

The building sits on a 656 m² plot with a total covered area of 809 m², including spacious verandas, storage units, and a private roof garden for the penthouse.

Designed with efficiency and practicality in mind, each unit includes covered parking and private storage, making the development highly attractive for both long-term tenants and resale.

Unit Breakdown

• 2 × 1-Bedroom Apartments (56 m² internal + 12 m² veranda)

• 5 × 2-Bedroom Apartments (83 m² internal + 18 m² veranda)

• 1 × 3-Bedroom Penthouse (138 m² internal + 30 m² verandas + 75 m² roof garden)

Key Features

• Whole residential building (single ownership)

• 8 total units (ideal rental mix)

• 3-storey development

• Under construction – delivery June 2026

• Total covered area: 809 m²

• Plot: 656 m²

• Covered parking for all units

• Private storage rooms

• Penthouse with large roof garden (75 m²)

• Elevator provision

• Modern layouts with strong rental appeal

Location Highlights

• Located in Geroskipou, Paphos

• Easy access to the motorway and city centre

• Close to shops, schools, and daily amenities

• Short drive to the beach and tourist areas

• Ideal for long-term rental or resale investment

Investment Highlights

• High rental yield potential (multi-unit income)

• High-demand unit mix (1 & 2-bedroom majority)

• New construction – low maintenance costs

• Potential for resale of individual units

• Suitable for portfolio investors or developers

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€2.100.000
€2.596/m²
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Posting since nov, 2024

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