€2,200,000 [Ref. No. P8792]

Paphos, Geroskipou
Project/Building
8 Bedrooms
Build: 2007
Plot: 6,000m²

FOR SALE - €2,200,000 - REF NO. P8792

8 Bedroom Project/Building in Paphos, Geroskipou

Complex of 8 Apartments only 400m from the beach a golden Investment Opportunity!
This residential building features a complex of apartments and is set in a large plot of 6000m2.
It consists of 4 spacious 1 Bedroom and 4 studio apartments with an average size of 70m2 each.

Ground Floor (with Garden)
Two x 1 Bedroom Apartments
Two x Studio Apartments

First Floor (with Balcony)
Two x 1 Bedroom Apartments
Two x Studio Apartments

The building needs to undergo a light renovation (painting restoration etc)
Each apartment features fitted wardrobes
a bathroom with WC.

Amazing sea view from balcony (apts on 1st floor)
Only 400m from the beach

A great investment opportunity for the future!
The apartment complex is raised in a plot with T5β built zone with 30% building and 20% covered factor and only 600 meter from the sea. The land is located in the Geroskipou area of Paphos and is situated in a walking distance from the beach and it is perfect for investment as the land falls in a Tourist zone.


Airport: 15 min Drive
Beach: Walking distance
Extra Large Plot (700m2+)
Fully furnished
Golf: 5 min Drive
Mountain views
Sea views
Title Deeds
Town: 10 min Drive
Please note that property locations are approximate

Geroskipou

This area is mostly inhabited by locals and prices here tend to be a little lower than the center of Paphos. We find that what is mostly sold here is apartments, in the year 2018-2019, 57 apartments have been sold, while detached villas was only a fraction of that number in the same time frame. This is a convenient location being so close to schools, the airport, the beach, and many restaurants. The value for money buying or renting an apartment in this area could be considered better as size for a one-bedroom apartment is about 10-15% bigger than what it would be coming closer to the Kato Paphos. This is a place that is still very close to the bu...


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