Commercial Property for Sale in Paphos

Location: Conveniently situated just 15 minutes from Paphos town and 25 minutes from Limassol Marina , this property boasts easy access to amenities and attractions.

Building features:

Land: The building sits one a residentia land meauring 857m2 , in H3 zone with building density of 60% and 35% coverage, up to two floors allowance

at a height of 8.3m.

Restaurant : A spacious restaurant occupies the ground floor, spanning 317 m2 and complying with EU regulations.

Basement: The property includes a substantial basement of 106m2 ideal for storage or versatile use.

Apartments: Upstairs , three charming two-bedroom apartments, covering 225 m2 and featuring balconies with stunning views.

Residential lands: Adjacent to the property is a generous plot measuring 3724m2 , offering ample space for expansion or additional developments. The

second land behind the property, spans 1034 m2 , both boasting a H3 zone with building density of 60% and 35% coverage, up to two floors allowance

at a height of 8.3m.

Proposed ideas:

Hotel apartment complex : Utilize the adjacent land to develop a hotel apartment complex with 48 units , incorporating the existing restaurant into the set up.

Family friendly restaurant: Enhance the restaurants appeal by adding a playground area, catering to families. Consider converting top floor into employee accommodation for operational efficiency.

Act now: Seize this opportunity before its gone – offers must be submitted by March 19th to secure your stake in this lucrative deal!!!

Property Type: A building comprising four luxurious apartments.

Apartment Layout: Each apartment occupies its own floor.

Bedrooms: All apartments consist of three bedrooms.

Bathrooms: Each apartment features two bathrooms, with one of them being an ensuite bathroom.

>Apartment Features: >

Covered Area: Spacious apartments with a covered area of 150m2.

Balcony: Each apartment includes a 25m2 covered balcony.

Storage Room: A 10m2 storage room is provided with each apartment.

Parking: One covered parking space is assigned to each apartment.

>Key Features and Amenities: >

Underfloor Heating: Enjoy comfort throughout the year with the underfloor heating system.

VRF Concealed Cooling: Experience comfort during the hot summer months.

Upgraded Thermal Aluminium System: Maximum insulation for maintaining a comfortable temperature.

Water Pressure System: Consistent water pressure regardless of usage needs.

Bathrooms: Each apartment features two bathrooms, with one being an ensuite bathroom.

Elegant Interior: Marble floors throughout all areas with laminate floors in the bedrooms.

Alarm System: Ensures safety and security within the apartments.

Smart Home System: Control lighting, temperature, and security features through a smartphone or tablet.

Communal Swimming Pool: Access to a shared swimming pool for residents.

Roof Garden: The top-floor apartment features a staircase leading to a private roof garden.

Breathtaking Views: Enjoy stunning views from the roof garden.

• Prime Location

• Tomb of the Kings’ Avenue Street

• Next to the King’s Avenue Mall

• Limanaki/Castle area

• Very good condition

• Private Parking space

• Investment Opportunity

• Income-producing asset

• Full Title Deed

• No Vat

Το κτίριο έχει καθαρό καλυμμένο χώρο περίπου 425 τ.μ. και εμπίπτει στην οικιστική ζώνη κα5, με συντελεστή δόμησης 100% και συντελεστή κάλυψης 50%, 3 ορόφους και μέγιστο ύψος 13,5μ.
Αποτελείται από εννέα διαμερίσματα ενός υπνοδωματίου, στεγασμένο χώρο στάθμευσης, τα οποία προς το παρόν μισθώνονται μακροχρόνια με ετήσιο εισόδημα τις  47 χιλ. Έχει δυνατότητα ανακαίνισης και ενοικίασης μακροχρόνια ή βραχυπρόθεσμα, καθώς διαθέτει οικοδομικές άδειες για τρίτο όροφο με τέσσερα ακόμη διαμερίσματα, γεγονός που θα αυξήσει την αξία και το ετήσιο εισόδημα.
Το κτήριο προς πώληση αποτελεί μια ασφαλή και εξαιρετική επενδυτική ευκαιρία, καθώς κάθε διαμέρισμα έχει τους δικούς του ξεχωριστούς τίτλους ιδιοκτησίας.Επικοινωνηστε μαζι μας για περαιτερω πληροφοριες η να κανονισουμε μια συναντηση. 
 

Property description: The property is an 84% share of the whole project which corresponds to 97 apartments, two restaurants, two shops, a lounge area, restaurant auxiliary spaces, a children’s playground and share of the communal areas.
Development history: The complex was built in two phases, in 1990 and 2001. 

Investment potential: The property can be operated as hotel apartments, which could offer potential for high rental income. 

Overall, the property seems to have potential for investment, with a large number of furnished apartments and amenities in a desirable location for tourism. 

Property Features:

The shop comprises of a ground floor of  55 m²  with small kitchen and uncovered veranda of 30 m²,  upstairs  you can find a small office- room and 2 WC. The immediate area of the property is the main touristic zone of Kato Pafos that consists mostly of commercial properties such as restaurants,shops, holiday apartments and hotels.

The property has Title Deeds

PROPERTY DETAILS   

Covered Area: 55 m²
Veranda: 30 m² (Uncovered)
Year Built: 1977 (renovated 2018-19)
Inventory: No
Parking: Uncovered
Extra: 2 WC, small office

LOCATION

500 m to the main tourist area,harbor
500 m to Sandy Beach
10 km to 18-hole Golf Course
15 km to Pafos Airport

The warehouse consists of a basement with an area of 230sqm, a ground floor with an area of 830sqm and a first floor with an area of 380sqm. It is built within a land area of 1,811sqm.

The property offers close proximity to all amenities and excellent access to the highway.

Building of Seven maisonettes with total covered area of 600sqm.

Built in two plots these townhouses are only 100m from the coast.

Close to Polis center and amenities.

Unobstructed views towards Chrysochou Bay.

Access to the beach by pedestrian (north-westerly) is the green area of the plot which ends at the coast line.

Ideal opportunity for investment.