Contemporary 4-Unit Apartment Building in Kato Paphos

Located in the highly desirable area of Kato Paphos, this well-maintained 4-unit residential building presents an excellent investment opportunity in one of the city’s most popular coastal districts.

Built in 2003, the property consists of four spacious 2-bedroom apartments, all generating strong rental income. Tenants enjoy modern conveniences including covered allocated parking, private storage units, and access to a communal rooftop terrace ideal for leisure and relaxation.

The building is just minutes from the Paphos Harbour, beaches, and local amenities, making it a prime choice for both short-term holiday rentals and long-term tenants.

Construction Year: 2003
Units: 4 × 2-Bedroom Apartments
Total Covered Area: 284 m²

Investment Highlights

Metric Value
Monthly Income €4,100
Annual Income €49,200
Asking Price €861,000
Gross Rental Yield 5.71%
Net Monthly Income €4,030
Net Annual Income €48,360
Net Yield 5.62%
Maintenance Expenses €70 / month (Includes utilities & cleaning)

Key Features

Four 2-bedroom apartments (total 284 m²)

Communal rooftop terrace

Covered allocated parking for residents

Private storage units

Excellent rental yield and occupancy rate

Prime coastal location close to all amenities

Kato Paphos?

Kato Paphos is the beating heart of the city’s tourism and lifestyle scene — home to the picturesque harbor, archaeological park, and Blue Flag beaches. Its mix of culture, leisure, and year-round rental demand make it one of Paphos’s most secure investment zones.

With continued urban upgrades and high occupancy rates, this building offers a stable return and long-term value growth for investors.