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Property 8049 Paphos / 23338

Unique Building In Kato Paphos, Ideal For Investors.

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For Sale • Deal

1,200,000€

Estimated Mortgage

/month

Community

Property Type

Retail

Bedrooms

2

Bathrooms

1

District

Paphos

Energy Rating (EPC)

A <= 0.5

Property Description

This unique building, located in the prime area of Kato Paphos, offers a rare combination of charm, potential, and functionality. Perfectly situated near the sea, this property is an excellent choice for investors or developers seeking a lucrative project in one of Cyprus's most desirable locations.

Key Features:

Property Composition:

6 well-designed maisonettes:

  • 4 two-bedroom units
  • 2 one-bedroom units
  • A fully equipped reception area, ideal for tourism or management operations.

Plot Details:

  • Total plot includes a beautifully maintained garden and covered parking for residents or guests.
  • Adjacent to a green area, offering serene views and added privacy.
  • Title deed available for secure ownership.

Building Details:

  • Built in 1992 with solid construction and well-maintained infrastructure.
  • Approved certificate and operational license from the Cyprus Tourism Organization (CTO) ensure smooth business functionality.

Prime Location:

  • Located in the heart of Kato Paphos, a short distance from the sea and vibrant local amenities.
  • Quiet surroundings with beautiful views, making it a desirable retreat for guests or residents.

Development Potential:

  • Opportunity to expand by adding more apartments or an additional floor.
  • Ideal for renovation into a modern boutique hotel, luxury apartments, or a unique hospitality project.
  • This property is an exceptional investment with endless possibilities, combining prime location, existing tourism licensing, and potential for expansion or redevelopment.
  • L.N 151/E , R.N 1106
  •  

Sustainability

Energy Efficency Rating

A <= 0.5

Property Highlights

Furnished

Resale

Location

Property 8049 Paphos / 23338
Venus Beach

2.22 kms

Lighthouse Beach

2.36 kms

Municipal Baths

2.84 kms

Alykes Beach

2.94 kms

Akti Beach

3.45 kms

Sodap Beach

3.54 kms

Dimma Beach

3.90 kms

Mersini Beach

4.14 kms

Pachyammos Beach

4.35 kms

St. George Beach

4.89 kms

Yeroskipou Beach

5.71 kms

Sandy Beach

5.84 kms

Kotsia Beach

5.93 kms

Rikkos Beach

5.96 kms

Blue Coral Beach

8.47 kms

Potima Beach

8.51 kms

Fikardo Winery

5.46 kms

Ottoman Baths

2.40 kms

Agora

2.67 kms

Saranta Kolones

2.84 kms

Paphos Mosaics

2.85 kms

House of Aion

3.22 kms

Neo Paphos

3.23 kms

House of Orpheus

3.31 kms

En Plo, Gallery

3.35 kms

Paphos Castle

3.49 kms

Konia Park

4.77 kms

Community Park

6.59 kms

Cyprus Investments
Cyprus Investments

Nikou Nikolaidi 53 Paphos

License 151/E

33/479

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Transfer Fees

Transfer Fees Individual

44,600 €

Transfer Fees Joint Names

41,200 €

Stamp Duty

2,308 €

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