Building in Geroskipou, Paphos

Description

Residential Building for Sale – Geroskipou, Paphos.  An excellent investment opportunity located in the highly sought-after area of Geroskipou, Paphos. This well-maintained residential building consists of 11 apartments across multiple levels, offering a strong and stable rental yield. Key Features 8 × 1-bedroom apartments 3 × 2-bedroom apartments Total covered areas: 769 sq.m. Elevator Underground covered parking Storage rooms Utilities included Common area cleaning Well-kept communal spaces Financial Highlights Monthly rental income: €8,000 Annual income: €96,000 Maintenance expenses: €180/month This property offers consistent returns, making it ideal for investors seeking long-term passive income in a thriving rental market. Located close to amenities, schools, supermarkets, and only a short drive from Paphos center and the coastline, the building benefits from high rental demand all year round. Resale | Completed in 2009