Modern Fully Furnished Apartment Building for Sale in Empa – Excellent Investment Opportunity
An exceptional opportunity to acquire a modern, turnkey apartment building in the heart of Empa, offering immediate rental income and outstanding long-term investment potential. Constructed in 2023, this contemporary property comprises approximately 280 m² of internal covered space and is offered fully furnished, allowing for a seamless transition for investors.
The building consists of six self-contained residential units, all currently tenanted, generating a stable rental income:
* Ground Floor: Two fully furnished studio apartments, currently rented for €450 and €500 per month, with water and electricity included.
* First Floor: One spacious two-bedroom apartment, currently rented for €1,000 per month.
* Second Floor: One modern two-bedroom apartment, currently rented for €1,000 per month.
* Third Floor: One comfortable one-bedroom apartment, currently rented for €700 per month, with water and electricity included.
The property has been finished to a high standard, featuring contemporary interiors, quality furnishings, and bright open-plan living spaces designed to maximize comfort and appeal to tenants.
Situated in the desirable village of Empa, the property benefits from excellent access to schools, supermarkets, cafés, restaurants, and other everyday amenities, while remaining just a short drive from Paphos town centre, the coastline, and the airport. Its prime location makes it highly attractive to both long-term tenants and investors.
With all units currently rented, this property offers immediate rental income and represents an ideal opportunity for investors seeking a high-yield, income-producing asset in one of the Paphos district’s most sought-after residential locations.
Frequently Asked Questions
Is the apartment building currently rented?
Yes. All residential units are currently tenanted, providing immediate rental income from the day of purchase.
How many residential units does the building include?
The building comprises six independent apartments:
* Two studio apartments
* Two two-bedroom apartments
* One one-bedroom apartment
What is the current rental income?
The property currently generates rental income from:
* Studio 1: €450/month (including water and electricity)
* Studio 2: €500/month (including water and electricity)
* Two-bedroom apartment: €1,000/month
* Two-bedroom apartment: €1,000/month
* One-bedroom apartment: €700/month (including water and electricity)
Is the property fully furnished?
Yes. The building is offered fully furnished with modern furniture and is ready for immediate operation.
When was the building constructed?
The property was completed in 2023.
Where is the property located?
The apartment building is situated in the heart of Empa, a popular residential area in the Paphos District, close to supermarkets, schools, cafés, restaurants, and only a short drive from the beach and Paphos city centre.
Who is this property suitable for?
It is an excellent choice for investors seeking a high-yield rental property with immediate income, as well as buyers looking for a modern multi-unit residential building.
Are all apartments self-contained?
Yes. Each apartment has its own private living space and is designed for comfortable, independent living.
What makes this property a good investment?
The building is fully occupied, generates immediate rental income, was newly built in 2023, requires no renovation, and is located in a highly sought-after area with strong rental demand.
Is the building move-in or rental ready?
Yes. As the property is fully furnished and all units are currently rented, it is a true turnkey investment requiring minimal ongoing setup.
