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1 100 000 €

Commercial property in Paphos, Cyprus
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  • Property ID on Prianproperty.com: 3914809
    Property ID on company's website: 39208
    Last update: 19.07.2024
    Number of views: 327

1 100 000 €

Commercial property in Paphos, Cyprus


  • Property ID on Prianproperty.com: 3914809
    Property ID on company's website: 39208
    Last update: 19.07.2024
    Number of views: 327

Specifications

Sale price 1 100 000 €
Address Cyprus, Paphos, Pafos, Paphos Town

Description

An exceptional multifunctional building located in the vibrant city center of Paphos offers an unprecedented investment opportunity. The 866 m2 building is ideally located a short drive from the main attractions, just 15 minutes from the airport, 5 minutes from the beach and 5 minutes from the city center. The building is located in both commercial and residential areas, which makes it ideal for a variety of purposes. The windows offer stunning panoramic views, including the picturesque mountains and the sea, which increases its attractiveness. In addition, the house is equipped with a modern photovoltaic system that ensures energy efficiency and reduces utility costs. For investors looking for clear and secure ownership, ownership documents are available, and the purchase is exempt from VAT, which gives additional financial advantages. One of the distinctive features of this property is its potential for expansion. It is possible to build an additional floor above the existing 4-bedroom apartment, which will significantly increase the capacity and cost of the building. In addition, up to five shops can be located on the ground floor, all permits are ready and valid for today, which provides excellent opportunities to generate rental income or create a new business in an area with heavy traffic. A multifunctional building represents a rare chance to invest in real estate with such a universal purpose and significant growth potential.

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Representative

Elena Davison
Director
Languages: english
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Seller
Elena Davison Director

BLUE SKY HOUSES

Languages: english
Contact seller