€4,500,000 [Ref. No. P7234]

Paphos, Kato Paphos
Business
Resale
€1,667 per m²
Covered: 2700m²
Plot: 3800m²

FOR SALE - €4,500,000 - REF NO. P7234

Business in Paphos, Kato Paphos

A great investment opportunity for those looking to have an already established good turnover each year. This is a large complex of holiday apartments for sale, with outstanding feedback from Tripadvisor, winning Travelers Choice Award for 2018! Superbly situated in the heart of Kato paphos, Right in the midst of the buzzing touristic atmosphere is this hidden treasure surrounded by lovely nature. Withing walking distance to the beach, shops and all local amenities. 

This whole business comprises of 11 shops,  5 studios, 11 one bedroom and 4 two bedroom apartments 

This also includes 14 private parking spaces of 150sqm. 
 

iNTERIOR DETAILS INCLUDE: 

  • Front Shops: 10 (64m²) & 1 (420m²) corner
  • Studio Apartments: 5
  • One Bedroom Apartments: 11
  • Two Bedroom Apartments: 4
  • Private Parking: 30 Protected parking spaces

Exterior Details

  • Plot Size:  6128 m³
  • Roof: Flat Roof
  • Sewer: Septic in and connected
  • Construction: Reinforced Cement Concrete
  • Cooling: Airconditioning in all apartments

Other Details

  • Communal Pool: 128 m²
  • Shaded Childrens Pool: φ 3m
  • Proffesionally maintened Garden: 300²
  • Gazzebo: 25m²
  • Total Communal Area:  1000 m²

Beach: Walking distance
Title deeds available
Town: 5 min drive

Kato Paphos

Buying here proves to be highly lucrative as an investment as it is a great option for short term rentals. Tourists here could easily get by without having to rent a car having many bus stops around. The airport is only a 15 minute drive away and the closest golf course just a 10 minute drive. Prices are higher rent wise than other areas due to the convenient location and all surrounding businesses. Although Kato Paphos has mainly older buildings of which most are apartments, some new developments include Limnaria Gardens by Leptos and Naia Seaside Project by A.G&G making the capital appreciation high in years to ...


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