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Paphos, Chlorakas, Cyprus

£1,716,600
€2,000,000
SLV Estates UK, Limassol
PROPERTY TYPE

Villa

BEDROOMS

7

BATHROOMS

3

SIZE

7,104 sq ft

660 sq m

Key features

  • Balcony
  • Bathrooms: 3
  • BBQ/Grill
  • Bedrooms: 7
  • Built In Closets
  • Communal Pool
  • Community terrace
  • Distance to Sea: walking
  • Double Glazed Windows
  • Electricity

Description

A rare opportunity to acquire a substantial coastal property in one of Paphos’ most strategic hospitality and tourism zones. Located in Lower Chloraka, close to the main road leading towards Coral Bay, near the King Evelthon Hotel, this property offers exceptional visibility, scale, land value and redevelopment potential for international investors.

Set on an impressive 5,570 sqm plot, with approximately 660 sqm of internal covered areas, the property currently comprises 7 bedrooms, multiple large living and reception areas, a spacious kitchen, expansive terraces, outdoor entertaining areas and extensive private grounds. The elevated position offers attractive sea views, open outlooks, mature palm trees and a strong Mediterranean resort feel.

The property requires renovation, making it ideal for an investor looking to reposition, upgrade and resell, or convert into a boutique hospitality asset, luxury rental villa, wellness retreat, serviced accommodation concept or small private hotel subject to planning permissions.

Key Features:
Title Deeds available
Property size: approx. 660 sqm
Land size: approx. 5,570 sqm
Bedrooms: 7
Location: Lower Chloraka, Paphos
Position: Close to the main road towards Coral Bay
Nearby landmark: Approximately opposite King Evelthon Hotel
Condition: Requires renovation
Investment profile: High-upside renovation / flip / hospitality redevelopment opportunity
Views: Sea views and open coastal outlooks
Outdoor areas: Large terraces, gardens, BBQ / entertainment area and extensive land, Swimming pool

This is a large-scale asset in a prime coastal corridor between Paphos and Coral Bay, an area with strong demand from tourists, holiday rental operators, boutique hotel investors and high-net-worth buyers seeking spacious Mediterranean properties.

The building is already substantial in size and benefits from generous internal volumes, large terraces, sea-facing outdoor spaces and a significant land plot. While renovation is required, the overall scale of the property means an investor can add value without starting from scratch. With the right refurbishment, branding and repositioning, the property has clear potential for capital appreciation and resale upside.

The combination of location, plot size, sea views and existing built area makes this a compelling acquisition for investors looking for a project with tangible upside in the Paphos coastal market.

Paphos, Chlorakas, Cyprus

Approximate location
Open mapStreet View

NEAREST AIRPORTS

Distances are straight line measurements
  • Pafos(International)
    7.1 miles
  • Ercan(Local)
    66.1 miles
  • Larnaka(International)
    69.6 miles

Advice on buying Cypriot property

Learn everything you need to know to successfully find and buy a property in Cyprus.

About SLV Estates UK, Limassol

8 Mesogi Avenue, Mesogi, Paphos, 8280

Welcome to SUNSHINE LUXURY VILLAS LTD, one of the leading Property agents in Cyprus for over 15 years. We have offices in the UK and Cyprus.

Our Company was founded in 1999 by Paul Hann and since then we been involved in selling properties around the whole island of Cyprus and the company has grown from strength to strength. We have also built several projects on the island so our experience is multi faceted.

Sunshine Luxury Villa’s energetic and innovative team run by the owner’s, a husband and wife team, quickly earned a reputation for giving both our clients and our sellers a ‘second to none’ service in the purchase or selling of their property. It is our policy to always ‘go the extra mile’ for our customers.

We know that your home, villa or apartment is a valuable possession whether it be for investment, relocation or holiday home. We also understand that, whether you have a budget of 50 thousand or 25 million, you deserve the same personal service.

Sunshine Luxury Villas have an exceptional portfolio of properties for sale, having sought out some of the best value homes on the market in Cyprus today.

We will find your perfect property and we guarantee a good old fashioned service.

Choose Sunshine Luxury Villas Ltd for your next property purchase: We use a network of like minded professional Property Agents around Cyprus so we can do all the ground work for you in providing viewings with one company.

1. You will receive a level of personal service that is second to none. From your initial enquiry with Sunshine Luxury Villas you will be contacted by Cheryl Hann, our Operations Director, then Scott Toulson the Sales and marketing Director who can best assist you with your requirements.

We have lived in Cyprus for 10 years and been through the same journey in finding our family home, so feel we are the right people to advise you on property purchase throughout the whole Island of Cyprus and help you every step of the way.

2. Sunshine Luxury Villas select the best properties on the market at realistic or below market value prices.

3. We have a large number of properties on the market, if you cannot see the property you are looking for we can find it, as we partner with several other excellent agents and share stock

4. Sunshine Luxury Villas can offer you a choice of excellent lawyers that our clients have used for many years, to ensure your property purchase goes smoothly

5. As well as your property purchase we can help with any questions whether they are to do with relocating to Cyprus, schools, flying over dogs, furniture, assisting in organising transferring money at competitive exchange rate.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by SLV Estates UK, Limassol (reference PGHOTSLV) 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.

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