Paphos, Anarita, Cyprus
- PROPERTY TYPE
Commercial Property
- BEDROOMS
18
- BATHROOMS
18
- SIZE
10,764 sq ft
1,000 sq m
Description
A rare chance to acquire a boutique residential income asset, with individually titled apartments, within one of Cyprus's fastest-growing residential corridors.
Set in the peaceful village of Anarita, 5 minutes walk to village centre. just 7 km from Paphos International Airport and 5 km from the coast, this opportunity comprises two identical, low-rise residential blocks within a larger master-planned community of landscaped gardens, swimming pools, a gym and padel courts. Each block delivers 8 individually titled apartments — two spacious three-bedroom homes and six two-bedroom apartments — across approximately 1,000 m² of liveable space.
Built to European structural and seismic standards, each apartment is finished to a premium specification: Italian stone-look flooring, granite kitchen worktops, fully tiled bathrooms with European sanitary ware, KNX smart-home provisions, and double-glazed thermal aluminium windows opening onto generous private verandas.
Investment highlights:
Acquisition price from €2.15M per block — around 16% below projected market value, with embedded equity of approximately €352K per block (€704K combined)
Projected gross rental yield of ~7%, rising to ~12.5% under an actively managed, furnished-letting strategy
Combined acquisition of both blocks available from €4.3M
Boutique Residential Asset: Each block comprises 8 modern apartments with a balanced mix of:
2 × 3-bedroom apartments
6 × 2-bedroom apartments
Individually titled units, allowing independent sale, financing or phased resale
Total return potential of 15–20% through below-market entry combined with phased apartment disposal
Flexible exit: long-term hold, sell individually, or a hybrid of both
Rental Positioning
Blocks A2 and A3 are strategically positioned between:
Standard suburban residential stock with limited amenities and lower specifications and
Prime urban developments with significantly higher acquisition and rental pricing
This creates a value-driven premium residential segment, offering tenants a higher quality lifestyle at a more accessible price point compared to city- center properties.
Investment Relevance:
The positioning of Blocks A2 and A3 supports:
Consistent occupancy levels
Resilient long-term rental demand
Competitive rental pricing
Long-term capital appreciation potential
By aligning with current market trends and tenant preferences, Blocks A2 and A3 represent a sustainable and scalable residential investment opportunity within the growing Paphos market.
Just 14 km from Paphos city centre and within easy reach of beaches, golf resorts and everyday amenities, the location offers genuine lifestyle appeal alongside strong fundamentals — rising demand from local and international buyers, limited comparable supply, and continued infrastructure investment across the district.
Key Connectivity
Paphos International Airport: ~7 km
Coastline & Beaches: ~5 km
Paphos City Centre: ~14 km
Medical Facilities: ~8 km
Retail & Daily Amenities: ~3
Golf Resorts: within short driving distance
Available as a single block or as a combined 16-unit portfolio, this is a structured, income-producing residential investment with clear downside protection and meaningful upside. Offered on an off-market, time-sensitive basis.
For full financials, floor plans, or to arrange a viewing, please contact
Paphos, Anarita, Cyprus
NEAREST AIRPORTS
Distances are straight line measurements- Pafos(International)3.1 miles
- Ercan(Local)61.4 miles
- Larnaka(International)63.2 miles
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Notes
This is a property advertisement provided and maintained by SLV Estates UK, Limassol (reference SLVELINV) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.