Buy 9 Bedroom Apartment, €1,390,000
🇨🇾 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
€1,390,000
Price Type
Full Price
Price per m²
€3,270.59
About Mortgage
Mortgage Payment
€6,879/mon.
Salary
€13,758/mon.
Mortgage
Down Payment
EUR
0%
20%
30%
60%
Interest Rate
  %year
Amount
EUR
Term
  year(s)
Total
€4,758.14/mon.
Overpayment €76,680.68
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 7%
Description
The building is ideally located in Kato Paphos, within walking distance from the upcoming American University of Beirut and many local amenities. It also offers easy access to popular tourist destinations, including the Kings Avenue Mall and the city center. The building has a net cover covered area of approx. 425 sq.m and falls within the residential planning zone ka5, having building density 100% and coverage coefficient 50% ,3 floors and maximum height of 13.5m. It consists nine one-bedroom apartments, a covered parking area, which are currently rented for long term with an annual rental income of 47k.  It has the potential to be renovated and rented for long-term or short term, as it has the building permits for a third floor with four more apartments, which will increase the value and the annual income. The building for sale is a secure and excellent investment opportunity, as each apartment has its own separate title deeds. Contact us for more info and to arrange a viewing. Το κτίριο έχει καθαρό καλυμμένο χώρο περίπου 425 τ.μ. και εμπίπτει στην οικιστική ζώνη κα5, με συντελεστή δόμησης 100% και συντελεστή κάλυψης 50%, 3 ορόφους και μέγιστο ύψος 13,5μ. Αποτελείται από εννέα διαμερίσματα ενός υπνοδωματίου, στεγασμένο χώρο στάθμευσης, τα οποία προς το παρόν μισθώνονται μακροχρόνια με ετήσιο εισόδημα τις  47 χιλ. Έχει δυνατότητα ανακαίνισης και ενοικίασης μακροχρόνια ή βραχυπρόθεσμα, καθώς διαθέτει οικοδομικές άδειες για τρίτο όροφο με τέσσερα ακόμη διαμερίσματα, γεγονός που θα αυξήσει την αξία και το ετήσιο εισόδημα. Το κτήριο προς πώληση αποτελεί μια ασφαλή και εξαιρετική επενδυτική ευκαιρία, καθώς κάθε διαμέρισμα έχει τους δικούς του ξεχωριστούς τίτλους ιδιοκτησίας.Επικοινωνηστε μαζι μας για περαιτερω πληροφοριες η να κανονισουμε μια συναντηση.   
Nearby Brands
Pizza Hut 489 mStarbucks 590 mKFC 1.0 kmBurger King 1.0 km
 
 
€1,390,000
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 3/22/25
 
€1,300,000 Full Price
829%
Apartment
399
522
€3,258/
Paphos • Cyprus, Paphos, Agios Theodoros
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