Modern Sea View Apartments in Geroskipou – Studios to 3-Bedroom Residences from €192,000 + VAT

Description

Sea View Apartments in Geroskipou

Sea View Apartments in Geroskipou – Located in the sought-after residential area of Geroskipou, Paphos, this modern low-rise residential complex offers a unique opportunity for both homeowners and investors seeking quality property in a rapidly developing area. The development consists of 34 contemporary apartments, with 22 units currently available, offering a variety of layouts designed to suit different lifestyle needs.

The project features a selection of studios, 1, 2, and 3-bedroom apartments, with prices ranging from €192,000 + VAT for a 45 sqm studio up to €506,000 + VAT for spacious 3-bedroom residences of up to 157 sqm. Construction of Phase 1 is scheduled for completion in December 2028, with flexible payment terms structured at 40% upfront and the remaining balance paid according to construction stages.

Situated in a well-developed neighborhood with excellent infrastructure, the complex enjoys panoramic sea views and offers residents a peaceful environment while remaining close to key amenities and major transport routes. The development is just 2 minutes from the highway connecting Paphos to Limassol, 10 minutes from Paphos city center, and 15 minutes from Paphos International Airport, making it highly convenient for both permanent residents and international buyers.

Residents will enjoy access to a range of private lifestyle amenities, including outdoor swimming pools, a fully equipped gym, sauna facilities, and a dedicated children’s playground, all within a secure gated community designed for comfort and privacy. The development is also located just 2 minutes from the prestigious Elea Golf Resort, 5 minutes from Rikkos Beach—one of the best sandy beaches in Paphos, and 3 minutes from the new Lumio private school, further enhancing its appeal for families and professionals.

With high-quality finishes included in the price, the development represents a strong investment opportunity. Based on current market indicators for under-construction properties in the area, projected property values are expected to reach approximately €4,100–€4,800 per sqm upon completion, reflecting potential appreciation of around 12% annually. Additionally, the area demonstrates strong rental demand, with estimated long-term rental yields of approximately 7% per year.

Combining strategic location, modern design, and strong investment fundamentals, this development presents an excellent opportunity for rental income, capital appreciation, or comfortable permanent living in one of Paphos’ most promising residential areas.