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4 Bed Apartment for sale

Kato Paphos, Paphos, Cyprus

£302,600 *  [€352,045]

4 Bed Apartment for sale

Kato Paphos, Paphos, Cyprus

£302,600 *  [€352,045]

Property Details


  • Bedrooms: 4
  • Bathrooms: 2
  • Plot size: 120 m2
  • Habitable space: 120 m2

Features


  • Bus Routes
  • Close to Harbour
  • Cyprus Local & International Banks
  • Historical & Cultural Sights
  • International Airport
  • International and Local schools
  • Local Amenities
  • Market
  • Municipal Beaches
  • Municipal center
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Full Description


4-Bedroom Apartment Divided into Two Separate Rental Units

*Key-ready apartment for sale in Kato Paphos, Paphos, Cyprus *

Cyprus property with Title Deeds, ready to move into and generating rental income.

This is a property that can simultaneously become a home, a place to enjoy holidays and an already functioning investment asset.

This rare combination is offered by this ground-floor apartment in Kato Paphos: legally registered as a three-bedroom apartment, the property is currently arranged as two separate, fully functional apartments and is being used for short-term holiday rentals.

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This arrangement gives the property a particularly valuable degree of flexibility. Instead of one traditional three-bedroom apartment, the current layout allows two residential spaces to be used independently: a two-bedroom apartment with one bathroom and its own kitchen, and a separate one-bedroom apartment with a bathroom and its own kitchen.

The larger two-bedroom section feels like a comfortable and practical home for a family or guests. The spacious living room connects naturally with the dining area and a kitchen finished in warm wood tones. There is plenty of room for a proper dining table and a comfortable lounge area, while natural light and light-coloured finishes give the interior an open and relaxed feel. The kitchen is arranged as a fully independent working space, while two separate bedrooms provide comfortable accommodation for a family or several guests.

The second part of the property is a compact one-bedroom apartment. A white kitchen with a breakfast bar flows naturally into a small living area, creating a simple and functional space for relaxation. The separate bedroom is furnished with a double bed, while a private bathroom with a shower completes the independent layout of this part of the property.

Both apartments are furnished and equipped with air conditioning. The interiors are bright, straightforward and practical, already arranged for everyday living and welcoming guests. This type of interior is particularly well suited to a property that is successfully used for holiday rentals.

However, the true atmosphere of this property reveals itself beyond the interiors. As the apartment is situated on the ground floor, it benefits from its own outdoor areas with a garden and greenery. Mature trees and plants provide natural shade and a sense of privacy, while the covered terrace becomes an extension of the home — a place for breakfast outdoors, warm Cyprus evenings or simply relaxing after a day by the sea.

The property also comes with a parking space, while the residential complex features a communal swimming pool with a relaxation area. For personal use, this is an enjoyable part of the Mediterranean lifestyle; for short-term rentals, it is an additional convenience that can make the property more appealing to holiday guests.

The property becomes particularly interesting when considered from an investment perspective. The two apartments are currently used for holiday rentals and together generate €30,000 in rental income per year. The buyer is therefore acquiring not simply a property with potential for rental use, but an asset that is already being used as a source of rental income.

At the same time, the configuration allows for a variety of future scenarios. Both apartments can continue to be used for short-term rentals; one can be kept for personal holidays in Cyprus while the other is rented out; or the property can be considered as a combination of private living space and an investment asset. This flexibility is especially valuable for buyers who do not wish to limit themselves to just one way of using their property.

And, of course, Kato Paphos plays an important role. It is one of the most recognizable areas of the city, where the Mediterranean coastline meets the tourist and historical life of Paphos. Kato Paphos is home to the harbor, the Archaeological Park with its famous Roman mosaics, as well as beaches and coastal leisure areas. It is a location that naturally attracts visitors to the city and maintains strong appeal for holiday-style accommodation.

This key-ready property in Kato Paphos, Paphos, Cyprus, is a three-bedroom ground-floor apartment currently arranged as two separate residential units: a two-bedroom apartment and a one-bedroom apartment. The property benefits from garden areas and parking, has access to a communal swimming pool and is currently used for holiday rentals, generating a combined rental income of €30,000 per year. The property is ready to move into and comes with Title Deeds.

TITLE DEEDS ARE AVAILABLE FOR THIS PROPERTY.

Features
Amenities
* Bus Routes
* Close to Harbour
* Cyprus Local & International Banks
* Historical & Cultural Sights
* International Airport
* International and Local schools
* Local Amenities
* Market
* Municipal Beaches
* Municipal center
* Near Beach
* Private Hospital & Pharmacy
* Private School
* Restaurants
* Shopping
* SPA Salons
* Sports Facilities
* Supermakets/Fruiteria
Area
* Tourist Area
* Urban Environment
External
* Classic Architecture
* Communal Swimming Pool
* Covered Veranda
* Gated Community
* Private Parking
Interior
* AC
* Ceramic Tiles
* Classic style
* Disabled Access
* Double Glazing
* Fitted Bathroom
* Fitted Wardrobes
* Fully Equipped Kitchen
* Fully Furnished
* High Ceilings
* High-Quality Plumbing
* Provision for Internet
* Quality Finishes
* Quality kitchen worktops
* Telephone
* Tile Floor
Lifestyle
* Private Courtyard
* Seafront walks
* Urban
Purchase
* Can complete in £ Sterling
* Loan/Mortgage Available
* NO VAT
* TITLE DEEDS
Structure
* Ground Floor
* Individual Design
* Low Rise
* Mains Drinking Water tap
* Mains Water System
* Solar Water heater
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Map may not show exact location

This property listing (ref: 19227-4-bedroom-apartment-divided-into-two-separate-rental-units) is an advertisement supplied by New Home Cyprus and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8595 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.