Papouri Court, Office 201

8201 Yeroskipou, Paphos

3 Nikola Nikolaide Ave., Office 102

Savva Plaza, 8010 Paphos

+35799851278

info@elegantcyprusproperties.com

Commercial Building – Paphos Center

€1,400,000

Description

This fantastic investment opportunity is located in the Old Town of Paphos.

The central location is close to all amenities and facilities including bars, restaurants, shops and even the beach. The town square has a laid back vibe during the day and comes alive as the sun sets, with a varied nightlife on offer.  The beautiful Paphos Harbour is also only a 10 minute drive away.  This area is popular with both locals and tourists, making it a prime location for many kinds of businesses. 

This listing is for a complete building that comprises 10 offices with a shared bathroom and kitchen, 2 x 1 bedroom apartments, and 1 shop with mezzannine. The building is built over three floors and also has a large basement.  Furthermore, it is possible to add another floor of 150sqm.

There are multiple options for each of the spaces, but however the building is utilised, investors can expect a high yield return.  A great renovation project for short/long term rentals, sale of individual units,  boutique hotel, or even as a restaurant/cafe. Or the property could simply be kept in its current layout.

More details are available upon request.

This is an opportunity not to be missed, in a prime Paphos location. 

Viewing is highly recommended!

 

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