Description
We are delighted to present to you a studio flat with a floor area of 45 m², situated in the Yeroskipou district of Paphos. This is an ideal option for those looking for a practical property close to all the essential amenities.
Location
The flat is situated within easy reach of shops, restaurants, pharmacies, schools, nurseries and a hospital.
The popular King’s Avenue Mall and the harbour are also within easy reach, making this location exceptionally convenient for everyday life.
Layout
The flat consists of:
- a room with a kitchenette,
- bathrooms,
- a balcony measuring 14 m².
Facilities at the development
- swimming pool,
- a parking space allocated to the flat,
- private storage unit.
Price and terms of purchase
The price of the flat is €190,000 net and includes a parking space. This is an offer straight from the developer, making the price exceptionally attractive compared to second-hand market offers.
Buying directly from the developer guarantees a transparent transaction and modern construction standards. We also have other floor areas and layouts available in this development.
Investment potential
The average gross rate of return on flats and apartments in Cyprus is estimated at 4.5–6%, whilst for short-term rentals it can be as high as 10%. An additional advantage is the potential increase in the property’s capital value.
The Mediterranean lifestyle
Yeroskipou and neighbouring Pafos offer a wide range of leisure activities. The Royal Tombs and the Nea Pafos Archaeological Park are well worth a visit, whilst nature lovers will appreciate the proximity to the beaches and the harbour, from where cruises set sail along the coast.
It’s the ideal location for those who want to combine everyday convenience with regular holidays by the sea.
Why choose Paphos?
Paphos is a city with a unique cultural heritage, listed as a UNESCO World Heritage Site, offering over 300 days of sunshine a year. It is a destination attracting increasing interest from tourists and investors.
We invite you to take a look at the others the flats available in our portfolio and a full list of property in the Pafos region.
