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4x2-bed apartments - universal

Paphos, Paphos - Universal
Posted: Today 14:58 Ad ID: 6656146
4x2-bed apartments - universal-1 4x2-bed apartments - universal-2 4x2-bed apartments - universal-3 4x2-bed apartments - universal-4 4x2-bed apartments - universal-5 4x2-bed apartments - universal-6 4x2-bed apartments - universal-7 4x2-bed apartments - universal-8 4x2-bed apartments - universal-9 4x2-bed apartments - universal-10 4x2-bed apartments - universal-11 4x2-bed apartments - universal-12
  • Reference number: 8953
  • Condition: Resale
  • Property area: 284 m²
  • Included: Parking, Balcony
  • Online viewing: Yes
  • Construction year: 2003
  • Energy Efficiency: N/A
  • Square meter price: €3.345 /m²
Location: Paphos — Paphos - Universal
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Investment Opportunity – 4 x 2-Bedroom Apartments in Universal, Paphos

A fully occupied residential investment opportunity consisting of four well-designed 2-bedroom apartments in the sought-after Universal area of Paphos.

Each apartment offers a practical open-plan layout, modern kitchen, spacious bedrooms with built-in wardrobes, and access to a communal rooftop terrace.

The property benefits from strong rental demand, limited long-term rental supply, and excellent location appeal among professionals, retirees, and expats.

Property Details:

Construction Year: 2003

• Units: 4 x 2-bedroom apartments

• Total Covered Area: 284 sqm

• Current Monthly Rental Income: €4,100

• Annual Rental Income: €49,200

• Asking Price: €950,000

Features:

• Low Maintenance Expenses: €70/month (including utilities and cleaning)

Investment Highlights:

• Established rental income from all units

• Prime Universal, Paphos location

• Strong rental market growth in recent years

• High demand for 2-bedroom apartments due to expat inflow, limited rental availability, and increased demand for long-term housing

Current Gross Yield: approximately 5.2% based on existing rental income.

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  • Technical inspection:
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    +357 99 592 218
  • Legal inspection:
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    + 357 22 516 838
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    +357 22 377 004
  • Legal inspection:
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€950.000
€3.345/m²
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P.Pericleous Real Estate P.Pericleous Real Estate
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Posting since sep, 2023

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