Property
8115

2 x Boutique Residential Buildings of Apartments with Title Deeds located in Anarita, Paphos

€2,150,000
Anarita, Paphos
Bedrooms
18
Bathrooms
18
Title deed
Yes
Covered
1,000 m²

Boutique Residential Investment — Anarita, Paphos District, Cyprus

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

Facilities

Pool, Private

Mortgage calculator

€7,252
€7,252

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Sarah Eleni Hibbett Real Estate Agent

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