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Investment 640 m² in Paphos Municipality, Cyprus

Cyprus, Paphos Municipality
$2,86M
$4,461/m²
05/11/2024
$2,92M
23/05/2024
$2,10M
;
14
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ID: 2243742
Property ID on Realting
In CRM: 45251
ID of the ad on the website or in the company’s CRM
Last update: 11/06/2025

Location

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  • Country
    Cyprus
  • Region
    Paphos District
  • City
    Paphos Municipality
  • Address
    Tombs of the Kings Avenue

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $4,461/m²
  • Total area
    Total area
    640 m²

Description

Renovated Apartment building ready business, with 14 studios and 2 apartments renting shorterm throughout the year. A great up and running business offering holiday accomadation, with a fantastic average review rate of 9.1 out of 10. Located in the heart of the city where all the amenities, beach, restuarants, malls and sites are in walking distance. Also ideal for student housing due to the close proximaty to the new Universities opening September 2023. The business generates about 130,000 euros to 160,000 euros per year after all taxes and expenses. An excellent investment opportunity as there is availability for more apartments to be built, by expanding  Distances: 350 meters from the famouns touristic road of Tomb of the Kings 900 meter from the Sandy Beach  700 meters  from the Paphos Kings Avenue Mall mall  600 meters from the New Univercity of Beirut  

Location on the map

Cyprus, Paphos Municipality
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Investment 640 m² in Paphos Municipality, Cyprus
Cyprus, Paphos Municipality
$2,86M
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