Property 8870 Pomos, Paphos / LIM-PAF-27377
Mixed-use Building With Restaurant And Flats Near Beaches.
-72%
Opportunity!
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
Overview
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
57.93 kms
121.90 kms
2.18 kms
2.80 kms
Transfer Fees
Transfer Fees Individual
22,600 €
Transfer Fees Joint Names
19,200 €
Stamp Duty
1,208 €