€850,000 [Ref. No. P5908]

Paphos, Kato Paphos
Project/Building
Resale
7 Bedrooms
Plot: 500m²
Plot Zone: T1Β
Building Density: 45%

FOR SALE - €850,000 - REF NO. P5908

7 Bedroom Project/Building in Paphos, Kato Paphos

 
  • Existing Building : 2 floors , 3- one bedroom flat each floor plus Pilotis
  • Total no of flats with permit 6-one bedroom @ around 43-45m2 each plus small verandas.  
  • Pilotis most  parking covered under semi-ground floor columns.
  • One extra 7th existing flat under Pilotis ( applied recently for permit).
  • Building coefficient (Touristic ZONING) allows for 7th flat. 45 m2 plus covered verandas
  • Clear title deed.

Please note that property locations are approximate

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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