For sale: An exceptional 3-bedroom two-story townhouse (no. 11) located in the highly sought-after tourist area of Tombs of the Kings in Paphos (Agios Theodoros Quarter, K. Pervolia). The property is part of the prestigious and beautifully maintained complex Leptos Eden Gardens Complex 1.
This property represents a fantastic investment opportunity with immediate cash flow and huge potential for a much higher rental yield, or a perfect choice for future self-residence.
Crucial Investment & Tenancy Information (PLEASE READ):
• Current Tenancy: The property is currently rented for €1,100/month (including communal fees) with a legal tenancy agreement running until March 15, 2027.
• Reliable Income: The current tenant is exceptionally reliable and always pays the rent strictly on time. The buyer will immediately begin receiving this steady rental income from day one.
• Future High ROI Potential: Please note that while the current rent is capped at €1,100 until March 2027, the actual market rental value for a 3-bedroom house in Leptos Eden Gardens is currently around €1,800 to €2,000/month. Once the current lease officially expires on March 15, 2027, the new owner can easily adjust the rent to current market prices, significantly increasing their return on investment (ROI).
• For Self-Residence: If you are buying this property to move in yourself, you must fully accept that the tenant will remain in the house until the lease expires. You will receive the steady €1,100/month income until March 15, 2027, and you can take full possession and move into the house immediately after that date.
Property Features & Size:
• Internal Area: 110 sq.m.
• Covered Verandas: 18 sq.m.
• Uncovered Verandas: 8 sq.m.
• Bedrooms: 3 spacious bedrooms on the upper floor.
• Bathrooms/W.C. (3 in total): 1 main bathroom with W.C. on the upper floor, 1 additional shower room with W.C. on the upper floor, and 1 guest W.C. on the ground floor.
• Parking: Includes 2 private, dedicated parking spaces.
• Private Yard (no. 51): Allocated for exclusive use.
• Communal Amenities: 7.02% share in the communal property, offering full access to the large swimming pool and beautifully landscaped gardens of the complex.
• Year of Construction: 2007
Location Highlights:
• Situated in a prime location just behind Tombs of the Kings Avenue (Pyramou Street).
• Only a 5-minute drive (or a 10-minute walk, approx. 850m) to the sea and Kefalos Beach.
• Within walking distance to top restaurants, cafes, bus stops, and the Kings Avenue Mall.
Legal Status:
Clean title deed is available and ready for immediate transfer (Registration No: 0/38236, Plot: 324, Section: 4).
Serious offers only.
Contact Information:
For more information or to arrange a communication, please call or send a message through the chat.
