1-bedroom apartment for sale
- Property area: 50 m²
- Type: Apartment
- Floor: 2nd
- Parking: Covered
- Condition: Under construction
- Furnishing: Semi-Furnished
- Included: Elevator, Alarm, Balcony
- Air conditioning: Full, all rooms
- Construction year: 2026
- Energy Efficiency: A
- Bedrooms: 1
- Square meter price: €5.650 /m²
- Bathrooms: 1
New 1BR Apartment – Kato Paphos – High Rental Yield – Smart Investment | AION
This apartment represents the most accessible price point in AION – a second-floor 1-bedroom apartment in the heart of Kato Paphos at €282,500 + VAT. For investors seeking strong rental yields in Cyprus' most established tourism area, or first-time buyers wanting to enter the Paphos market, this is a highly compelling opportunity. Despite being the most affordable unit in the development, it shares all the same building quality, elevator access, and prime Kato Paphos location as every other apartment in AION.
Key Features
• Compact, smart 50 m² layout – maximised for modern living
• 7 m² covered veranda – ideal for morning coffee or evening relaxing
• Open-plan living / dining / kitchen design
• 2nd floor position – elevated above street level
• Building elevator for ease of access
• Dedicated parking space on ground floor
• Part of a boutique 6-unit building – quiet, secure, exclusive
The Investment Case
Kato Paphos is one of the most undersupplied rental markets in Cyprus. Tourism, expat professionals, and digital nomads drive consistently high demand for 1-bedroom apartments year-round. At €282,500, Unit 203 offers one of the lowest entry prices for a new-build property in Kato Paphos today.
• Estimated gross rental yield: 6–8%+ p.a. (short-let / Airbnb in peak season)
• Year-round demand from tourists, AUB professionals, and expat residents
• Zero supply of comparable new builds in Kato Paphos – value protected
• Paphos Castle, Harbour, and promenade all within walking distance
Location – Kato Paphos
• 7 min to the beach & seafront promenade
• 7 min to Kings Avenue Mall & supermarket
• Walking distance to Paphos Harbour, Tomb of the Kings & Paphos Castle
• 9 min to hospital | 7 min to bank | 20 min to airport
Investment Highlights
• Lowest entry price in the development – maximum yield-to-price ratio
• Qualifies for Cyprus Permanent Residency (Fast Track)
• 5% reduced VAT may apply – subject to eligibility
• Only 4 units remaining in the entire building
• Kato Paphos: extremely limited new supply = long-term capital growth
💰 Price: €282,500 + VAT
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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