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