Description
An income-producing residential building of 19 apartments in the Coral Bay area of Paphos, around 500 metres from the seafront and approximately 20 minutes from Paphos Airport. Built in 2019 and renovated in 2024, the property is arranged in three blocks set around communal gardens and a swimming pool.
Every apartment has its own individual title deed, and the whole asset, including the land, is held by a single owning company with no mortgages or other encumbrances. All apartments are currently let on long-term leases, giving 100% occupancy and immediate rental income, while the building is also suitable for short-term holiday letting.
Key Features:
- 19 apartments in 3 blocks
- Individual title deeds for each apartment
- 100% occupied on long-term leases
- Suitable for long-term or short-term rental
- Built 2019, renovated 2024
- Communal swimming pool and gardens
- Around 500 m from the sea, Coral Bay
- Approximately 20 minutes from Paphos Airport
- Energy Efficiency: not specified
A stabilised, fully let investment asset in one of Paphos' most popular coastal areas.
