Bazaraki
Property 6407322
Paphos · EUR 2,100,000 · Unknown type
An exceptional opportunity to acquire a full residential building in the rapidly developing area of Geroskipou, ideally positioned for strong rental returns and long-term capital growth. This under-construction project (completion June 2026) comprises 8 modern apartments across 4 levels, designed to meet current rental demand with a high-performing unit mix of 1- and 2-bedroom apartments, plus a premium penthouse. The building sits on a 656 m² plot with a total covered area of 809 m², including spacious verandas, storage units, and a private roof garden for the penthouse. Designed with efficiency and practicality in mind, each unit includes covered parking and private storage, making the development highly attractive for both long-term tenants and resale. Unit Breakdown • 2 × 1-Bedroom Apartments (56 m² internal + 12 m² veranda) • 5 × 2-Bedroom Apartments (83 m² internal + 18 m² veranda) • 1 × 3-Bedroom Penthouse (138 m² internal + 30 m² verandas + 75 m² roof garden) Key Features • Whole residential building (single ownership) • 8 total units (ideal rental mix) • 3-storey development • Under construction – delivery June 2026 • Total covered area: 809 m² • Plot: 656 m² • Covered parking for all units • Private storage rooms • Penthouse with large roof garden (75 m²) • Elevator provision • Modern layouts with strong rental appeal Location Highlights • Located in Geroskipou, Paphos • Easy access to the motorway and city centre • Close to shops, schools, and daily amenities • Short drive to the beach and tourist areas • Ideal for long-term rental or resale investment Investment Highlights • High rental yield potential (multi-unit income) • High-demand unit mix (1 & 2-bedroom majority) • New construction – low maintenance costs • Potential for resale of individual units • Suitable for portfolio investors or developers
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