Paphos, Kato Paphos, Cyprus
- PROPERTY TYPE
Plot
- SIZE
Ask agent
Key features
- Easy access to main roads
- Easy access to highway
- City view
- Near bus route
- Near amenities
Description
Price: €1,500,000
Discover a prime investment opportunity in the bustling area of Kato Pafos, Paphos. This property spans across two plots, encompassing a total of 721 m², and features a unique mixed-use building with both residential and commercial spaces, along with an attached ground-floor house. Built in 1983, this property is in good condition and is ideal for investors looking for versatile use options and high rental potential.
Property Overview:
Location: Kato Pafos, Paphos
Total Plot Size: 721 m² (Plot 1: 444 m², Plot 2: 277 m²)
Building Type: Mixed-use (Residential & Commercial)
Building Category: Category B
Building Condition: Good
Zoning: Εβ8
Building Density: 80%
Coverage Ratio: 45%
Maximum Height: 10 meters
Floors: 2
Property Features:
Residential Unit: A spacious 4-bedroom apartment offering ample living space for families or potential for high rental income.
Commercial Units: Three ground-floor shops ideal for various businesses such as retail, cafes, or offices, benefiting from great visibility and high foot traffic.
Attached Ground-Floor House: An additional standalone house that can be utilized as a private residence, office space, or guest accommodation, adding further value to the property.
Location Advantages:
Situated in the vibrant area of Kato Pafos, the property enjoys close proximity to all local amenities, popular tourist attractions, and the picturesque Paphos coastline. This strategic location ensures high demand for both residential and commercial spaces, making it a perfect choice for investors seeking consistent returns.
Development Potential:
With a generous building density of 80% and a maximum height allowance of 10 meters, there is significant potential for further development or expansion, enhancing the property's value and revenue-generating capabilities.
For further details or to arrange a viewing, please contact Lextrus Real Estate today.
Seize this fantastic investment opportunity in Kato Pafos!
Paphos, Kato Paphos, Cyprus
NEAREST AIRPORTS
Distances are straight line measurements- Pafos(International)5.0 miles
- Ercan(Local)66.6 miles
- Larnaka(International)69.4 miles
Advice on buying Cypriot property
Learn everything you need to know to successfully find and buy a property in Cyprus.
Notes
This is a property advertisement provided and maintained by Lextrus Real Estate, Larnaca (reference 8203) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.