Discover this outstanding investment opportunity in the vibrant center of Paphos, ideally located in the sought-after area of Agios Theodoros.
Perfectly positioned for modern city living, the building is within walking distance to the Old Town promenade, schools, shops, restaurants, cafes, and key cultural landmarks. Built on a 475 sqm plot, this impressive four-story building boasts a total covered area of 940 sqm and consists of eight fully furnished 2-bedroom apartments, designed with elegance, functionality, and comfort in mind:
Apartment Breakdown:
-First Floor: 2 x 2-bedroom apartments (87 sqm and 105 sqm)
- Second Floor: 2 x 2-bedroom apartments(87 sqm and 105 sqm)
- Third Floor: 2 x 2-bedroom apartments (87 sqm and 105 sqm)
- Fourth Floor: 2 x 2-bedroom Penthouses:
One penthouse of 125 sqm with a 38 sqm roof garden
One penthouse of 153 sqm with a 48 sqm roof garden
Key Features:
- Underfloor heating
- Photovoltaic system for communal areas
- High-quality materials and finishes
- 8 covered parking spaces
- Security entrance doors for both apartments and building
- Pressurized water system for third and fourth floors
- Solar panels for hot water
- Provision for air-conditioning
- 8 cm external thermal insulation
- Thermal aluminum windows
- Energy efficiency rating: Class A
Attractive Investment Returns:
Rental demand in the area supports an annual ROI of 6.5%7%, with excellent potential for both long-term leases and short-term rentals via platforms like Airbnb and Booking.com.
Whether you're an investor or seeking a stylish urban residence, this property offers the perfect blend of location, luxury, and long-term value.
Don't miss this rare opportunity to own a full residential building in the heart of Paphos!
📞 Contact us to schedule a viewing.