Property 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.
  • Title deed available for secure ownership.
• 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.

L.N 151/E , R.N 1106

Property Features