Building for Sale in Kato Paphos
A well-located residential building in Kato Paphos, offering an investment opportunity with potential for further development.
Set on a 551 sqm plot, the building is approximately 25 years old and comprises two existing floors with nine one-bedroom apartments. It includes a parking area and provision for elevator installation.
A planning permit for a third floor provides the option to add either four one-bedroom apartments or two two-bedroom apartments.
Key Features
Asking price: €1,500,000
Plot size: 551 sqm
Building coverage: 50%
Permitted height: 13.5 m
Two existing floors with nine one-bedroom apartments
Planning permit for a third floor
Potential for four additional one-bedroom apartments or two two-bedroom apartments
Parking area
Provision for elevator installation
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