Prime Mixed-Use Building in the Heart of Paphos – Ideal Investment Opportunity for sale
- Pafos, Paphos
- 12 Beds
- 6 Baths
- Ref: 28575
€650,000
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Property details
- Property type: Apartment
- Total covered area: 690 m²
- Plot area: 586 m²
- Covered veranda area: 110 m²
- Bedrooms: 12
- Bathrooms: 6
- Floor: Ground floor
- Floors: 3
- Title deed: Land
Other information
- Furnished: Unfurnished
- Status: Resale
- Energy efficiency rating: Pending
Property description
💰 Reduced from €740,000 to €650.00 (Non-Negotiable) (Maybe subject to VAT)
Discover an exceptional investment opportunity with this mixed-use building located in the heart of Paphos town.
Offering a blend of commercial and residential spaces, this property is ideal for investors looking to maximize rental income or undertake a renovation project to enhance its value.
Property Features:
Ground Floor: 2 retail shops with a total area of 150m², perfect for commercial use.
Second & Third Floor: 4 spacious three-bedroom apartments with a total indoor area of 540m² and 110m² covered verandas.
Underground Parking & Storage: Ample space for multiple vehicles and additional storage facilities.
Renovation Potential: The property requires refurbishment, offering the opportunity to reconfigure or upgrade the layout to suit market demands.
With its prime location, versatile layout, and strong investment potential, this property presents a rare opportunity for investors with a vision.
*There is no final approval /or separate titles for the flats or shops, although the building has building
permits. You need to do the procedure again and adjust the building accordingly.
Condition of the building: This building was built using high quality materials and stands strong for its age. A renovation is highly advisable.
