Apartment Block for Sale

For Sale / EUR 2.220.000
+357 99403589

Property ID:
#6273
15
2
108
Town:
Kato Paphos
District:
Pafos
Year Built:
1989
Bedrooms:
16
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DESCRIPTION
Apartment block in Kato Paphos with 16 flats in an optimal location 50 m behind the beach road, within walking distance to shops, restaurants and pubs in the center of the tourist area of Paphos. A very good investment for tourist or long-term renting.
U-shaped building 2-storey with common swimming pool in a quiet road with public greenery in front.
Ground floor and first floor are identical and have each
1 flat with 3 bedrooms,
5 flats with 2 bedrooms and
2 flats with 1 bedroom,
a total of 16 flats with covered areas from app. 40 to 70 mē with balconies; the front flats ground floor have large verandas with garden.
At the moment all flats are rented out. All flats have a separate title deed but the sale is of the whole of the block only.
The block on the East has basement with covered parking, additionally there is uncovered parking spaces. The common swimming pool is not under operation and needs some modernizing.
The complex was built in 1989 and recently connected to the sewerage system of Paphos.
MAIN PROPERTY FEATURES
Detached  
Private Parking  
Private Pool