Description
This unique building, located in the prime area of Kato Paphos, offers a rare combination of charm, potential, and functionality. Perfectly situated near the sea, this property is an excellent choice for investors or developers seeking a lucrative project in one of Cyprus’s most desirable locations.
Key Features:
Property Composition:
6 well-designed maisonettes:
4 two-bedroom units
2 one-bedroom units
A fully equipped reception area, ideal for tourism or management operations.
Plot Details:
Total plot includes a beautifully maintained garden and covered parking for residents or guests.
Adjacent to a green area, offering serene views and added privacy.
The building has a final approval and new buyer can easily issue a title deed for the building if he wish to.
Building Details:
Built in 1992 with solid construction and well-maintained infrastructure.
Approved certificate and operational license from the Cyprus Tourism Organization (CTO) ensure smooth business functionality.
Prime Location:
Located in the heart of Kato Paphos, a short distance from the sea and vibrant local amenities.
Quiet surroundings with beautiful views, making it a desirable retreat for guests or residents.
Development Potential:
Opportunity to expand by adding more apartments or an additional floor.
Ideal for renovation into a modern boutique hotel, luxury apartments, or a unique hospitality project.
This property is an exceptional investment with endless possibilities, combining prime location, existing tourism licensing, and potential for expansion or redevelopment.
Air Conditioning
Barbeque Area
Beach: Walking distance
Furnished – Fully
Garden
No VAT
Parking – 1 Covered
Sea views
Title Deeds – Available
Town: Walking distance
- Property ID 279817
- Price €1,200,000
- Location Kato Paphos, Paphos
- Property Type Buildings
- Size 807 m2
- Land area 807 m2
- Status Resale