A rare income-producing residential building comprising four fully furnished 2-bedroom apartments in Universal, one of Paphos’ established residential and rental areas. With four independent rental units under one property, this building provides investors with diversified rental income from a single acquisition. All four apartments are currently generating an estimated annual gross rental yield of 5–6% based on the current asking price and reported rental income.
Built in 2003, the property occupies a 284 m² plot and provides 248 m² of internal accommodation, plus 22 m² of covered verandas. The four apartments are designed for comfortable long-term living, with open-plan living and kitchen areas, spacious bedrooms, fitted wardrobes and excellent natural light.
Each apartment is fully furnished and equipped with air conditioning, double-glazed windows, solar water heating and fitted wardrobes. The building also benefits from a common roof terrace and four parking spaces, adding further convenience for tenants.
The property is positioned in a central part of Universal, close to schools, hospitals, shops and everyday amenities. Its established location supports long-term rental demand and provides convenient access to the wider Paphos area.
For investors, the key advantage is the combination of four separate 2-bedroom units, existing rental income and a single property acquisition. This provides an attractive income-producing asset with potential for long-term rental investment in Paphos.
Internal Area: 248 m² | Covered Verandas: 22 m² | Total Covered Area: 270 m² | Land Area: 284 m² | Year Built: 2003
Key Features
• Four independent 2-bedroom apartments
• Four bathrooms
• Four living rooms
• Four kitchens
• Fully furnished units
• Estimated annual gross rental yield of 5–6%
• Open-plan living areas
• Air-conditioning units
• Covered verandas
• Common roof terrace
• Four parking spaces
• City views
• Established rental location
Location Highlights
• Prime residential location in Universal, Paphos
• Established area with rental demand
• Close to schools and hospitals
• Near shops, restaurants and everyday amenities
• Convenient access to Paphos city centre
• Suitable for long-term rental investment
Investment Highlights
• Four income-producing residential units under one title/property
• Existing rental income from all four apartments
• Estimated 5–6% annual gross rental yield
• Diversified income across four separate apartments
• Fully furnished and ready for continued rental use
• Established Universal location in Paphos
• 284 m² plot with 270 m² total covered area
