Cyprus Real Estate Marketplace

640m² Building for Sale in Paphos District

  • Posted: 1 month ago
  • Modified: 2 hours ago
  • Pre-Owned
  • 640m²
  • 1990 and older
  • €1 800 000
Price per m²
€2813/m²
Title Deed
Has Title
Title Transfer Fee
~€68,600
  • Ref. #: 45251
  • Plot area: 874m²
  • Air Conditioning: Yes
  • Air Сonditioning

Renovated Apartment building ready business, with 14 studios and 2 apartments renting shorterm throughout the year. A great up and running business offering holiday accomadation, with a fantastic average review rate of 9.1 out of 10.
Located in the heart of the city where all the amenities, beach, restuarants, malls and sites are in walking distance. Also ideal for student housing due to the close proximaty to the new Universities opening September 2023.
The business generates about 130,000 euros to 160,000 euros per year after all taxes and expenses.
An excellent investment opportunity as there is availability for more apartments to be built, by expanding 
Distances:
350 meters from the famouns touristic road of Tomb of the Kings
900 meter from the Sandy Beach 
700 meters  from the Paphos Kings Avenue Mall mall 
600 meters from the New Univercity of Beirut
 

  • District: Paphos
  • €1 800 000
Price per m²
€2813/m²
Title Deed
Has Title
Title Transfer Fee
~€68,600
  • Agency
  • R.N.:690 L.N.:367/E
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