Income apartment building with 11 apartments

* Income apartment building for sale in Geroskipou, Paphos, Cyprus *

Cyprus property with Title Deeds, ready for occupancy!

In Geroskipou, this building solves an investor’s needs before you’ve even voiced them. On a quiet street with pavements and a tidy line of façades stands a well-kept 2009 residence: clear beige planes, deep loggia shadows, and graphic railings in sea-blue. The entrance greets you with clean lines, warm-tone lighting, and a neat bank of mailboxes; from the ramp to the steps everything is drawn so movement feels effortless. It’s that rare case when “property for sale in Geroskipou” reads as the reputation of a carefully maintained income asset.

Inside you won’t find ostentation, but you will notice what seasoned capital values: space, light and forethought. The lift glides to your floor without a jerk, and you catch the freshness of recent cleaning—because building maintenance is folded into modest monthly outgoings. In one of the apartments, the morning sun pushes the sliding glass doors open to a generous terrace. The floors are laid with large-format beige tiles that look equally smart in the living room and outdoors. The lounge gathers around a transparent coffee table and a pared-back TV console; the whole interior is dedicated to a calm backdrop tenants gladly pay for: move in and live.

Kitchens across the apartments speak a single language: warm wood-tone fronts, light countertops, a sensible working triangle and a pale tiled splashback. Built-in appliances include an oven, hob and extractor; in one layout there’s a washing machine, in another a tall stainless-steel fridge with a digital panel. None of it is stage dressing—it’s honest, everyday functionality, just like the sliding interior doors that free up space for dining. Bedrooms come with dense roller blinds, clean-lined furniture and soft headboards—exactly the sort of comfort long-term renters choose without hesitation.

The ground-floor elevation unfolds into large private terraces that turn apartments into flexible living. Here you can set a table for the first coffee, carve out an outdoor workstation, park a bicycle—while keeping privacy thanks to tall white parapet walls. Around the building are well-proportioned balconies overlooking the neighborhood and a level pedestrian line, friendly to prams and scooters. Outside you can see the A/C condensers by design: the engineering is honestly kept out of the interiors to preserve usable area and the building’s rhythm.

Financially, the asset speaks with clarity. The composition is eleven units—eight one-bedrooms and three two-bedrooms—with a total covered area of 769 sq m. The mix is intentional: one-beds and compact two-beds keep vacancy low and flexibility high when tenants change.

Current income is €8,000 per month, or €96,000 per year, equating to a gross yield of roughly 5.2% at an asking price of €1,848,000. The metrics read rationally: about €2,403 per square metre and approximately €167,091 per unit, with an average income close to €727 per month per apartment. These numbers aren’t for show; they help you feel the balance instantly: risk spread, cash flow steady, entry ticket not overheated.

What usually stays offstage becomes an argument here. The building has a lift, boosting liquidity for families and older tenants alike. Underground covered parking with allocated spaces answers the eternal “where do I leave the car?” while adding tangible rent value. Storage rooms solve seasonal needs and keep apartments uncluttered. And the monthly maintenance of €180 already includes utilities for common areas, elevator service and cleaning—a disciplined model where the complex’s efficiency is sustained by system, not heroics.

Geroskipou is an address chosen for a way of life: the calm of a low-rise quarter, the sea and Paphos infrastructure within easy reach, streets where you hear more footsteps than horns. From here it’s simple to reach business magnets—and even simpler to return to everyday harmony. The building works like a private collection of compact apartments: each unit is minimalist, easy to let, and just as easy to refresh between tenants. You’re not merely buying square metres within walls; you’re acquiring a time-making machine—because a well-assembled asset releases hours for your next move.

This choice carries the tone of status without noise. You don’t need to prove anything—you simply own a house that earns income, looks right today and will look right tomorrow. There’s no need to explain why reason beats glitter: just ride the lift, walk the clean corridor, open the door to a sun-drenched terrace and picture the next lease signed with a steady hand. This address in Geroskipou is made for those who value clear mathematics, respect the aesthetics of simple forms and prefer success that speaks quietly yet convincingly. If you’ve been seeking income-producing real estate for sale in Geroskipou that affirms mature decision-making, this is precisely that asset.

Located in the sought-after area of Geroskipou (Paphos, Cyprus), this apartment building is offered for €1,848,000. The asset generates €96,000 per year and comes with Title Deeds, ensuring a transparent, frictionless transfer of ownership.

For full details, contact us directly. Mr. Douglas will provide unit-by-unit specifics, financial metrics and transaction steps.

TITLE DEEDS ARE AVAILABLE FOR THIS PROPERTY.