Buy 9 Bedroom Apartment, €1,290,000
🇨🇾 Cyprus, Paphos District (Pafos), Paphos, Kato Pafos
425
9
9
550
About the Property Apartment
Rooms
9
Bathrooms
9
Total Area
425
Total area land
550.00
Deal Information
Type
Sell
Price
€1,290,000
Price Type
Full Price
Price per m²
€3,035.29
About Mortgage
Mortgage Payment
€6,384/mon.
Salary
€12,768/mon.
Mortgage
Down Payment
EUR
0%
20%
30%
60%
Interest Rate
  %year
Amount
EUR
Term
  year(s)
Total
€4,415.83/mon.
Overpayment €71,164.09
Investment Indicators
Radius 1.8 km.
Total Area ± 5 m²
Market Value
Median Price €1,295,000. Average Price €1,295,000. Price from €1,295,000 to €1,295,000
Percentage deviation from the median market value -0%
Description
Nine-Bedroom Building in Kato Paphos + Permits for 3 More – Investor’s Dream! ? Prime Location – Walk to AUB, Kings Avenue Mall & the Beach An exceptional investment opportunity in the heart of Kato Paphos! This fully let building comprises nine one-bedroom apartments, ideally located within walking distance of the upcoming American University of Beirut (AUB), local amenities, and major tourist attractions like Kings Avenue Mall and the city center. ?️ Property Highlights: Net Covered Area: Approx. 425 m² Planning Zone: Κα5 (Residential) Building Density: 100% Coverage Coefficient: 50% Max Floors: 3 Max Height: 13.5 meters Covered Parking included Separate Title Deeds for each apartment Currently, all nine apartments are rented long-term, generating a stable annual income of €63,000. ? Value-Add Potential: Approved building permits for a third floor Potential to add three additional apartments Opportunity to increase rental income through short-term rentals (e.g., Airbnb) Significant capital appreciation potential after renovation and expansion This is a rare chance to acquire a high-potential investment property with steady income, development rights, and long-term flexibility.  
Nearby Brands
Pizza Hut 489 mStarbucks 590 mKFC 1.0 kmBurger King 1.0 km
 
 
€1,290,000
Price Full Price
Fox Realty: Paphos
FP Fox Paphos ID 44
Show phone
Ref: B-122150 Cyprus, Paphos, Kato Pafos
Price and availability information updated 5/16/25
 
€1,300,000 Full Price
+829%/
Apartment
399
522
€3,258/
Paphos • Cyprus, Paphos, Agios Theodoros
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