Other 284 m² in Paphos Municipality, Cyprus

Presenting an exceptional, fully tenanted multi-unit residential asset located in the highly desirable Universal district of Paphos. Built in 2003 and maintained in resale condition, this property offers immediate, stable cash flow for discerning investors looking to maximize their real estate portfolio. Property Overview & Specifications Location: Universal, Paphos Asset Composition: Four independent 2-bedroom apartments Total Covered Area: 284 sqm Property Condition: Resale / Well-maintained Construction Year: 2003 Included Amenities: Dedicated parking spaces and private balconies for the units, plus access to a shared communal rooftop terrace Maintenance Costs: Extremely low at roughly €70 monthly (covering shared utilities and common cleaning) Financial Metrics & Performance Asking Price: €950,000 Current Monthly Rental Income: €4,100 Projected Annual Rental Income: €49,200 Current Gross Rental Yield: Approximately 5.2% based on existing tenancy performance Investment Highlights 100% Occupancy: Fully tenanted building generating immediate returns from day one. High-Demand Unit Mix: Comprises four functional 2-bedroom layouts featuring practical open-plan living spaces, modern kitchens, and built-in wardrobes, satisfying the massive market demand from expats, professionals, and long-term renters. Strategic Location: Situated in Universal—one of Paphos's most robust rental markets characterized by restricted long-term inventory and consistent upward pricing growth.