Property 8049 Paphos / 23338
Unique Building In Kato Paphos, Ideal For Investors.
For Sale • Deal
1,200,000€
Estimated Mortgage
/month
Overview
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
Property Highlights
Furnished
Resale
Location
10.85 kms
131.94 kms
2.22 kms
2.36 kms
2.84 kms
2.94 kms
3.45 kms
3.54 kms
3.90 kms
4.14 kms
4.35 kms
4.89 kms
5.71 kms
5.84 kms
5.93 kms
5.96 kms
7.51 kms
8.47 kms
8.51 kms
1.09 kms
1.13 kms
2.15 kms
2.30 kms
2.76 kms
3.56 kms
3.60 kms
3.80 kms
4.33 kms
6.31 kms
7.98 kms
5.46 kms
1.22 kms
1.85 kms
2.18 kms
2.23 kms
2.40 kms
2.47 kms
2.52 kms
2.67 kms
2.72 kms
2.84 kms
2.85 kms
2.85 kms
3.01 kms
3.11 kms
3.22 kms
3.23 kms
3.31 kms
3.35 kms
3.43 kms
3.49 kms
3.51 kms
4.77 kms
4.81 kms
4.83 kms
5.33 kms
6.59 kms
8.25 kms
9.19 kms
9.77 kms
Transfer Fees
Transfer Fees Individual
44,600 €
Transfer Fees Joint Names
41,200 €
Stamp Duty
2,308 €