3-Bedroom Semi-Detached House with Excellent Investment Potential in Paphos

3-Bedroom Semi-Detached House with Excellent Investment Potential in Paphos
Property Type: Semi-Detached House with Development Airspace
Location: Paphos (Rotsera)
Plot Area: 247 sq.m.
Planning Zone: Ka5 (Residential)
Building Density: 100% | Coverage: 50% | Max Floors: 3 (13.5m height)
A rare opportunity to own a house with both immediate rental potential and future development upside.
Located in a sought-after area of Paphos, this 3-bedroom semi-detached house offers an excellent combination of location, existing accommodation and future development potential.
The property is situated in a well-established residential area, just a short walk from the beach and only a few minutes from Paphos city centre, with shops, supermarkets, restaurants, cafés and everyday amenities all within easy reach.
The Investment Opportunity
What makes this property particularly interesting is the potential to add significant value in the future.
The property already has a staircase and provision for an additional floor, giving a future owner the flexibility to explore several possibilities, subject to the necessary planning and building approvals.
Potential concepts could include:
A second 3-bedroom apartment on the upper floor
Two 1-bedroom apartments
A private upper-floor residence with roof garden
Or simply retaining the existing house as a rental property and developing the upper level at a later stage
One Property — Several Strategies
An investor could:
Rent the existing 3-bedroom house immediately and generate rental income while holding the property for future development.
Alternatively, the buyer could live in the future upper floor while renting out the existing lower property, creating an attractive combination of home ownership and rental income.
Another option would be to develop the upper level as a separate apartment or apartments, potentially creating two income-producing residential units from one property.
Location
This neighborhood offers the advantage of being close to everything while remaining a predominantly residential area.
The property is approximately 15 minutes’ walk from the beach and only a few minutes from central Paphos, providing convenient access to the city’s shops, restaurants, services and entertainment.
The area is also seeing continued residential development, making properties with genuine development potential increasingly interesting for investors.
Key Features
3-bedroom semi-detached house
Established residential location in Paphos
Approximately 15 minutes’ walk to the beach
Only a few minutes from Paphos city centre
Close to shops, supermarkets, restaurants and everyday amenities
Existing staircase providing access for potential future extension
Provision to build an additional floor (backed by Ka5 100% building density allowance)
Potential for a new 3-bedroom apartment, two 1-bedroom apartments or a roof garden, subject to approvals
Suitable for immediate rental income
Strong long-term investment and redevelopment potential
A Property with Options
This is not simply a 3-bedroom house.
It is an opportunity to acquire a property that can generate income today while offering the potential to create additional value tomorrow.
Whether you are looking for a family home, a rental investment or a property with future development potential, this is an opportunity worth viewing.
Properties combining an existing house with genuine future development possibilities in this location are becoming increasingly difficult to find.