Building for Sale in Kato Paphos

A well-located residential building in Kato Paphos, offering strong investment potential with future expansion opportunities.

The property is set on a 551 sqm plot with a building coverage of 50% and a permitted height of 13.5 meters. Built approximately 25 years ago, the building currently consists of two floors, with an existing license for the construction of a third floor.

The building comprises four apartments, each approximately 50 sqm, and includes a dedicated parking area. The ground floor hosts one 50 sqm apartment, with additional units on the upper level. The property also benefits from provision for elevator installation, enhancing its long-term development potential.

Key Features

  • Plot size: 551 sqm

  • Building coverage: 50%

  • Licensed for 3 floors (currently 2 floors built)

  • Maximum height: 13.5 m

  • 4 apartments (approx. 50 sqm each)

  • Parking area

  • Provision for elevator installation

  • Expansion potential (additional floor)

Prime Location Distances

  • Beach: 240 m

  • Kings Avenue Mall: 700 m

  • The American University of Beirut (Paphos campus): 900 m

  • Paphos International Airport: 16 km

  • Paphos Old Town / City Centre: 2.5 km

Asking Price: €1,500,000

 
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Building for Sale in Paphos City Centre