€1,650,000 [Ref. No. P8600]

Paphos, City center
Project/Building
€1,222 per m²
Build: 1990
Covered: 1,350m²

FOR SALE - €1,650,000 - REF NO. P8600

Project/Building in Paphos, City center

This is a unique opportunity to invest on a income earning building in the center of Pafos Town. The building consists of three floors and a large basement and another floor can be build. The ground floor has a covered area of 650 square meters and the basement has a covered area of 500 square meters. The first and second floor consist of 8 offices on each floor with a covered area of 350 square meters on each floor. It is possible to build another floor of around 150 square meters covered area. Each floor including the basement has a different entrance and can be rented separately.

The building has a Title Deed and it's in the busiest street of Pafos Town. The return on this building is around 6%.


City center

Prices here are some of the highest in Paphos due to convenience of location, although buying here could  be a great investment opportunity as it will always be in high demand for short term rentals and long term, making the capital appreciation high in years to come for someone that would like to purchase there.  This could even be an ideal holiday home, making it as easy as can be to travel around Paphos without needing a car, going by foot or bus. It could ideally work as a holiday rental in the months it won’t be in use and be very lucrative for the homeowner. The type of properties we encounter here are a mixture of villas but on the market...


THIS WEBSITE IS USING COOKIES
We use cookies to ensure that we give you the best experience on our website. If you continue using the site, we'll assume that you are happy to receive all cookies on this website and you have read our Cookies Policy.