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We are delighted to present this 84 m² flat, situated in the most popular tourist district of Kato Pafos, in the city of Pafos. This property is ideal for those who appreciate sea views and proximity to the promenade.
The property is situated very close to the promenade (500 m) and the sea (600 m). Restaurants, shops, cafés, chemists, bakeries and a shopping centre are all within walking distance.
This is a location particularly popular with tourists visiting Paphos, which also makes it an attractive option for holiday rentals.
The flat consists of:
The flat offers sea view and is ready to move into. Residents have access to a swimming pool, a gym, a parking space and a barbecue area.
The large roof terrace, measuring as much as 80 m², provides additional space that can be used as a relaxation area or a place to meet up with friends.
The price of the flat is €625,000 net and includes a parking space. This is an offer directly from the developer, rather than on the secondary market, which means we avoid the additional mark-ups charged by estate agents for this exceptional seaside location.
The average gross rate of return for flats and apartments in Cyprus is estimated at 4.5–6%, whilst for short-term rentals they can reach as much as 10%. Added to this is the potential for capital appreciation, particularly in a location so popular with tourists.
Kato Pafos is the heart of Pafos’s tourist district, renowned for its historic harbour and UNESCO-listed monuments. It is a place that buzzes with life all year round, ideal for short-term rentals and as a base for exploring the region.
It’s well worth a visit to the historic Nea Pafos Archaeological Park, the picturesque harbour in Paphos and the famous Aphrodite's Rock, some 25 km away. In Paphos, the numerous pubs and restaurants provide the perfect culinary backdrop in which to celebrate the Mediterranean way of life.
We invite you to take a look at the rest apartments in Cyprus in our range, as well as with others property in Paphos.
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