For Sale Modern 11-Unit Residential Building in Yeroskipou, Paphos

Situated in the thriving residential area of Yeroskipou, this impressive 11-unit apartment building offers a high-income investment opportunity with strong long-term potential.

Built in 2009, the property features modern design, elevator access, and underground covered parking for residents. Each apartment is well-maintained, with private storage units and quality finishes that appeal to both short-term tenants and long-term residents.

Positioned close to Paphos City Centre, Blue Flag beaches, and essential amenities, the building offers excellent accessibility while maintaining a peaceful residential atmosphere.

Construction Year: 2009
Units: 11 Apartments (8 × 1-Bedroom | 3 × 2-Bedroom)
Total Covered Area: 769 m²

Investment Highlights
Metric Value
Monthly Income €8,000
Annual Income €96,000
Asking Price €1,848,000
Gross Rental Yield 5.20%
Net Monthly Income €7,820
Net Annual Income €93,840
Net Yield 5.08%
Maintenance Expenses €180 / month (Includes utilities, elevator & cleaning)

Key Features

Modern building (constructed in 2009)

Elevator access to all floors

Underground covered allocated parking

Private storage units for each apartment

Excellent rental return and occupancy rate

Mix of 1-bedroom and 2-bedroom apartments

Convenient access to schools, shops & transport

Yeroskipou has become one of the most dynamic and fast-developing suburbs of Paphos, offering an ideal blend of urban convenience and Mediterranean lifestyle. Its proximity to Paphos International Airport, the coastline, and major developments makes it a hotspot for both local and foreign investors.

With steady demand from residents and tourists, this building represents a secure and profitable real estate investment in a high-growth location.