Paphos, Geroskipou, Cyprus

A premium residential development strategically located on the main avenue of Yeroskipou, seamlessly connected with Paphos and forming part of a unified urban area.
An opportunity to acquire the entire project. The development combines a prime location, high-end specifications, and a balanced unit mix, creating a strong income-producing asset with a complementary retail component. Based on current rental projections, the Developer expects this Project delivering a gross yield of 8.5% – 9.0%, with potential to exceed 10% through active management. This opportunity combines strong income, immediate value, and clear upside potential in one of the fastest-growing urban areas in Paphos.

Off plan project
Delivery is within 18 months from signing the Sales Contract
Price is subject to VAT

Key location advantages include:
2 minutes to the main highway
1 minute to the main stadium
1–2 minutes to hospitals, schools, supermarkets, and daily amenities
2–4 minutes to municipal and town centers
1–4 minutes to parks and green areas
Direct access to Kato Paphos (tourist area)
Close proximity to Old Paphos Square
The location offers a strong combination of accessibility, central positioning, and lifestyle convenience, supporting sustained residential demand and long-term investment performance. Its position at the gateway of Yeroskipou, as the closest point to Paphos city, further enhances its strategic importance and long-term value.

Project overview:
It is a contemporary residential development comprising:
3 × 2-bedroom apartments (~96 m² each)
3 × 3-bedroom apartments (~139 m² each)
3 × 3-bedroom apartments (~143 m² each)
1 premium retail unit
Private parking spaces
Dedicated storage areas
The project has been carefully structured to deliver efficient layouts, strong residential appeal, and an integrated commercial component. This composition creates a well-balanced investment asset, combining stable residential income with additional value potential from the retail unit, resulting in diversified and resilient income streams.

The design emphasizes:
Refined façade composition
Large openings and spacious verandas
Strong architectural identity
Seamless integration within the urban environment
The building is conceived as a distinct architectural presence along the main avenue, enhancing both its visual impact and long-term market appeal.

The project has been designed to meet high-end residential standards, incorporating quality materials and modern systems that enhance both comfort and long-term durability.

Key features include:
Underfloor heating system
Smart home system provisions
High-quality Italian tiles (Marazzi)
Modern carpentry and bespoke joinery
Premium finishes throughout
Energy-efficient design
Spacious interiors and large verandas
Private parking and dedicated storage
These specifications position the project within the upper segment of the residential market, supporting stronger rental performance, enhanced tenant appeal, and long-term asset value.

Yeroskipou is an established municipality and one of the fastest-growing urban areas in Paphos, seamlessly connected with Paphos city and effectively forming one continuous urban area. Strong residential demand, ongoing infrastructure development, and direct connectivity continue to support its sustained growth.