Fully Renovated | 16 Income‑Generating Units
A Rare, High‑Performing Investment Opportunity
An exceptional opportunity to acquire an entire apartment block offering strong, consistent rental income and long‑term investment security. Fully renovated in 2015, the building has been modernised to a high standard, ensuring durability, low maintenance, and excellent tenant appeal.
This is a turnkey investment, currently generating a solid rental return which the buyer can continue to benefit from immediately.
🏡 Property Composition – 16 Units in Total
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The building comprises 16 fully operational rooms, designed to accommodate both short‑term and long‑term tenants:
- 2 × One‑Bedroom Apartments Fully equipped with kitchens, ideal for couples or long‑term tenants.
- 12 × Studio Apartments Fully equipped with kitchens, offering excellent occupancy rates and rental flexibility.
- 2 × Studio Rooms (without kitchen) Perfect for short stays or budget‑friendly rentals.
This diverse unit mix ensures strong year‑round demand and maximises rental income potential.
✨ Key Investment Highlights
- Fully renovated in 2015
- 16 income‑producing units
- Strong existing rental return
- Tenants and bookings already in place
- Low‑maintenance, modernised building
- Ideal for long‑term investment or short‑term rental strategy
- High demand from tourists, professionals, and students
📲 Included in the Sale
The property is sold with its established online rental accounts, allowing the new owner to seamlessly continue existing operations, maintain occupancy, and benefit from the property’s current visibility and booking history.
This significantly enhances the value of the investment as a ready‑made hospitality business.
📍 Location Benefits
The property is situated in a convenient and sought‑after area, offering:
- Easy access to local amenities
- Close proximity to schools, shops, cafés & services
- Strong rental demand from professionals, families & students
- Short drive to key transport routes and central Paphos
The location ensures year‑round occupancy and excellent rental performance.
🏡 Ideal For
- Investors seeking a fully operational, income‑producing asset
- Buyers looking for a renovated building with minimal maintenance
- Those wanting immediate rental income with established platforms included
- Portfolio expansion with a high‑demand rental product
✨ A Rare, Turnkey Investment Opportunity
With its full renovation, diverse unit mix, and strong existing rental income, combined with the inclusion of established online rental accounts, this apartment block stands out as a profitable, and ready‑to‑operate investment in one of Paphos’ most attractive rental markets.
