Renovated Apartment at Universal
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Property description
Investment opportunity - Renovated top floor apartment in Universal area, Paphos
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This renovated two-bedroom apartment in the sought-after Universal neighborhood represents an excellent opportunity for investors seeking high rental yields and long-term capital growth. Situated in a quiet residential area yet just 200 meters from essential amenities, the property offers the perfect balance of convenience and privacy—a combination that is highly appealing to both long-term renters and short-term vacationers.
Situated on the top floor of a two-story building, the apartment enjoys open views of the communal pool and landscaped green areas. Renovated just four years ago, it's move-in ready and requires minimal maintenance, making it a low-risk, high-return investment.
With proximity to several universities, including Neapolis University, TEPAK, and the new American University of Beirut, the property is ideally located to meet the growing demand for modern student and faculty housing. Its proximity to beaches, the city center, and Kings Avenue Mall also makes it ideal for short-term rentals.
Benefits of investing
• High demand for rentals from students, young professionals and tourists
• Renovations reduce initial costs and increase rental attractiveness
• Top floor location with views of the pool and green area
• Universal remains one of the most stable rental markets in Paphos
• Covered parking with electric gates is an advantage for tenants
• Within walking distance of infrastructure facilities - ideal for renters without a car
Object characteristics
• Covered living area 70 m²
• Covered veranda 19 m²
• 2 bedrooms
• Open plan kitchen and living room with access to the balcony
• 1 bathroom with a window
• Covered parking with electric gates
• Shared swimming pool
• Year built: 2013
• Renovated: 4 years ago
Location benefits
• 2 km to the nearest beach
• 200 m to the necessary infrastructure facilities
• 2 km to the center of Paphos
• 1.9 km to Neapolis University
• 1.2 • 2.6 km to Kings Avenue Mall
• 900 m to the American University of Beirut (AUB)
• 20 km to Paphos International Airport
Agency: ABC Cyprus Homes