viotopo - Cyprus real estate marketplace

Property 8870 Pomos, Paphos / LIM-PAF-27377

Mixed-use Building With Restaurant And Flats Near Beaches.

-72%

Opportunity!

  • Thumbnail 1 Property 8870 Pomos, Paphos / LIM-PAF-27377
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  • Thumbnail 8 Property 8870 Pomos, Paphos / LIM-PAF-27377
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Why is this Property Classified as an Opportunity?

Our data science team has identified that the price per square meter for this property is significantly lower than the average indicative price in the district. This discrepancy is not merely a discount; it represents a unique market opportunity. By leveraging advanced analytics, we've developed a smart score that highlights properties offering exceptional value. This score helps you pinpoint the best opportunities in the market, ensuring you get more for your investment.

Paphos Indicative Price

3,828.69 €

This Property

1,083.33 €

For Sale • Deal

650,000€

Estimated Mortgage

/month

600

m2

4251

Plot m2

Community

Property Type

Building

Bathrooms

6

District

Paphos

Covered/Built m2

600 m2

Plot m2

4251 m2

Property Description

The property for sale is a mixed-use building located in a very attractive location in Pomos in Paphos District. It is located closed to the community center and only few meters away from the beautiful beaches of the area. The property located in a short distance to the connection road Pomos – Pachiammos while the Pomos fisherman harbor is in a short distance. The building is two-storey and it was constructed around the year 1995 and consist of a restaurant on the ground floor and six flats on the upper floor (2 studios and 4 one-bedroom flats).

The ground floor restaurant is 300sqm (approx.) and the area of the 1st floor is 300sqm (approx.). Outside there are uncovered parking space, garden, storage, outdoors dining area and toilets. The property enjoys a nice sea view. The building situated on a beachfront field with total area of 4,251sqm that is falling within the Protection Zone (Z1) with maximum building density of 6%.

It is noted the current area of building exceeds the allowed building density of the property. In addition, the property does not have the necessary permits from the relevant local authorities.

Sustainability

Energy Efficency Rating

No Required/ Pending

Property Highlights

Resale

Unfurnished

Location

Property 8870 Pomos, Paphos / LIM-PAF-27377
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

33/479

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Transfer Fees

Transfer Fees Individual

22,600 €

Transfer Fees Joint Names

19,200 €

Stamp Duty

1,208 €

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