Overview
- Updated On:
- August 21, 2025
- 1,381 m2
- Year Built: 2006
Description
13 Unit Residential Investment
13 Unit Residential Investment – This exceptional coastal development is situated in the charming village of Kissonerga, offering breathtaking views of the Mediterranean Sea and the historic shores of Aphrodite’s birthplace, Paphos. The complex features a selection of apartments, maisonettes, and villas, each designed to provide privacy, comfort, and style, with private yards and balconies perfect for soaking in the sea views.
Ideally positioned between Kato Paphos and the Coral Bay area, this development serves as an excellent base for those wishing to explore the region or enjoy a tranquil retreat while remaining close to Paphos’s vibrant lifestyle, dining, and entertainment options.
All units come with title deeds, ensuring secure ownership.
Development Composition:
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1x One-Bedroom Apartment
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5x Two-Bedroom Maisonettes
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3x Superior Two-Bedroom Maisonettes (with private patios/gardens)
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3x Three-Bedroom Maisonettes
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1x Three-Bedroom Villa (with private pool)
Project Details:
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Available building factor: 1,400 sqm (granted solely for these 13 properties)
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Total land area: 4,803 sqm
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Total covered area: 1,381 sqm
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Percentage of land built: 62.59% – 3,006.2 sqm
This development perfectly combines luxury living, stunning coastal views, and strategic location, offering an unparalleled investment or holiday home opportunity in Paphos.
Conservative Long-Term Rental Income Estimate (per year):
| Unit Type | Number of Units | Avg. Monthly Rent (€) | Annual Rent (€) |
|---|---|---|---|
| 1-Bedroom Apartment | 1 | 700 | 8,400 |
| 2-Bedroom Maisonette | 5 | 900 | 54,000 |
| Superior 2-Bedroom Maisonette | 3 | 1,100 | 39,600 |
| 3-Bedroom Maisonette | 3 | 1,200 | 43,200 |
| 3-Bedroom Villa (Pool) | 1 | 2,000 | 24,000 |
| Total | 13 | 14,100 | 169,200 |
Note: These figures are conservative estimates for long-term rental income and do not include short-term holiday rental potential, which could significantly increase returns.
