Description complète
Slv Estates bring you a great Investment opportunity.
Update on 16 Nov 2022 - title deeds on final stage of receiving - waiting for the certificate.
1 x 2 Bed Apt
2 x 1 Bed Apts
2 x Studio Apts.
· Exceptional Buy to Let Investment Opportunity
· Established rental contracts in place yielding 4.5% ROI
· High returns and a safe investment
· Excellent potential for capital growth
· Strong rental catchment
· Superb location
· Fully Furnished and equipped to a very high standard
· Ideal for Holiday / Long Term Rental
Unique buy to let investment opportunity offering five highly sought after apartments located in the same building with communal pool in the best area of Kato Paphos.
Built in 2007, this lovely established complex has two buildings and the package comprises one x 2-bedroom, 2-bathroom apartment, two x 1-bedroom apartments and two x Studio apartments which are available for purchase together.
Already fully tenanted, these superb apartments are producing gross yields of 4.5% and come completely furnished. Each apartment has been designed with a space for residents to socialise and relax, with bespoke fixtures and light finishes. Large private terraces overlooking the pool provide the perfect space for al fresco dining or cocktails at sunset.
The project is located in a quiet residential area of Kato Paphos and is within 5 minutes’ walk to blue-flag sandy beaches, Kings Avenue Mall and the main tourist area of Kato Paphos, with its quaint harbour and UNESCO World Heritage Sites. The apartments are an easy 5-minute drive to the centre of Paphos town, and Neapolis University. With such a central location, tenant demand is incredibly high, and the properties offer versatility since there is high demand from both long-term and holiday tenants.
Cyprus’ growing expat population and ever increasing tourism figures, has led Paphos to become a top destination for property investment. This investment will generate immediate income and offers excellent potential for capital appreciation together with increasing rental demand which will yield higher returns year on year.
This property presents an excellent investment opportunity not to be missed!
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