Residential Building for Sale in Universal, Paphos

€ 950,000

8 Beds · 4 Baths · 248 m² Interior · 270 m² Total

A rare income-producing residential building comprising four fully furnished 2-bedroom apartments in Universal, one of Paphos’ established residential and rental areas. With four independent rental units under one property, this building provides investors with diversified rental income from a single acquisition. All four apartments are currently generating an estimated annual gross rental yield of 5–6% based on the current asking price and reported rental income.

Built in 2003, the property occupies a 284 m² plot and provides 248 m² of internal accommodation, plus 22 m² of covered verandas. The four apartments are designed for comfortable long-term living, with open-plan living and kitchen areas, spacious bedrooms, fitted wardrobes and excellent natural light.
Each apartment is fully furnished and equipped with air conditioning, double-glazed windows, solar water heating and fitted wardrobes. The building also benefits from a common roof terrace and four parking spaces, adding further convenience for tenants.

The property is positioned in a central part of Universal, close to schools, hospitals, shops and everyday amenities. Its established location supports long-term rental demand and provides convenient access to the wider Paphos area.

For investors, the key advantage is the combination of four separate 2-bedroom units, existing rental income and a single property acquisition. This provides an attractive income-producing asset with potential for long-term rental investment in Paphos.

Internal Area: 248 m² | Covered Verandas: 22 m² | Total Covered Area: 270 m² | Land Area: 284 m² | Year Built: 2003

Key Features
• Four independent 2-bedroom apartments
• Four bathrooms
• Four living rooms
• Four kitchens
• Fully furnished units
• Estimated annual gross rental yield of 5–6%
• Open-plan living areas
• Air-conditioning units
• Covered verandas
• Common roof terrace
• Four parking spaces
• City views
• Established rental location

Location Highlights
• Prime residential location in Universal, Paphos
• Established area with rental demand
• Close to schools and hospitals
• Near shops, restaurants and everyday amenities
• Convenient access to Paphos city centre
• Suitable for long-term rental investment

Investment Highlights
• Four income-producing residential units under one title/property
• Existing rental income from all four apartments
• Estimated 5–6% annual gross rental yield
• Diversified income across four separate apartments
• Fully furnished and ready for continued rental use
• Established Universal location in Paphos
• 284 m² plot with 270 m² total covered area

Features

Air Conditioning Air Conditioning
Double Glazing Double Glazing
Solar Water Heater Solar Water Heater
Fitted Wardrobes Fitted Wardrobes
Shower Shower
Central Location Central Location
Near School Near School
Near Hospital Near Hospital
Near Amenities Near Amenities
City View City View
Balcony / Veranda Balcony / Veranda
Roof Garden Roof Garden
Storage Storage
Open plan Layout Open plan Layout
year build Year Built: 2003
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