€1,126,450 [Ref. No. P5712]

Paphos, Geroskipou
Project/Building
New - Ready to Move In
12 Bedrooms
Build: 2012

FOR SALE - €1,126,450 - REF NO. P5712

12 Bedroom Project/Building in Paphos, Geroskipou

This development is located in a popular residential area of Geroskipou, ideally situated for permanent and holiday home investors. Close to all amenities such as banks, supermarkets, shops and pharmacies and it is a stones throw from Kato Paphos beaches, the harbor with it's array of restaurants and the Archaeological Park, these spacious executive apartments are located within a short walk to the village center. 

The apartment has a stylish Italian kitchen, open plan living area which leads out to an exceptionally large front and secluded side patio areas, a bright double bedroom and a luxury bathroom. Additionally, the apartments have wheelchair access, underground parking which is accessible via an internal lift, and an entry phone system.

Title deeds available.

This project is a great Investment opportunity

8 x 1 B/r Apartment

2 x 2 B/r Apartment

Brand New Building WITHOUT VAT and any communal fees!

NET Realistic Potential Yield: of 5%

 

 

 

Elevator
New/Under development
Private Parking (covered)
Title deeds available
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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