€915,000
Building
Covered: 586m²
Plot: 530m²
Paphos, Yeroskipou
Bedrooms: 10
Bathrooms: 10

Building in Yeroskipou For Sale - Ref. BC74542


 EXCEPTIONAL INVESTMENT OPPORTUNITY: 3 STOREY MIXED USE BUILDING FOR SALE IN YEROSKIPOU    CONSISTS OF A TOTAL OF 7 UNITS, INCLUDING A GROUND FLOOR SHOP WITH A MEZZANINE, TWO STUDIO APARTMENTS IN THE MEZZANINE, & TWO 2 BEDROOM APARTMENTS

ON BOTH THE FIRST & SECOND FLOOR

NO INTERNAL OR OTHER PHOTOS CURRENTLY AVAILABLE

SEPARATE TITLE DEEDS EXIST FOR EACH UNIT 

Introducing a versatile three-storey mixed-use building nestled in the heart of Geroskipou, Cyprus, this property offers a prime location on Sotiri Papalazarou street, running parallel to the bustling Archiepiskopou Makariou III avenue. Situated just 700 meters from the iconic Pafiako Stadium and a mere 900 meters from the Geroskipou Town Hall, convenience and accessibility are at the forefront of this property's appeal.

The building graces a generous plot with a total land area spanning 530 square meters. It comprises a total of seven units, catering to a variety of needs and preferences. On the ground floor, a spacious shop with a mezzanine level awaits, encompassing a total area of 186 square meters. The mezzanine has been thoughtfully divided into two separate shops, enhancing its functionality and potential.

Venturing further, you'll discover two studio apartments on the mezzanine level, each offering 34 square meters of internal space. These cozy retreats feature an open-plan layout, complete with a compact kitchen and a separate bathroom, providing comfortable living spaces for residents or potential tenants.

The first and second floors house four 2-bedroom apartments, each with an internal area of 78 square meters. The first-floor units also boast 42 square meters of uncovered verandas, perfect for enjoying the Mediterranean climate. Meanwhile, the second-floor apartments offer covered verandas of 10 square meters, ideal for taking in panoramic views of the surrounding area.

This property's immediate vicinity showcases a mix of commercial and residential units, offering a dynamic living environment. Residents will appreciate the close proximity to a range of amenities, including shops, supermarkets, offices, and schools, all conveniently situated near the property.

 Currently occupied, this property presents an enticing investment opportunity for those seeking both commercial and residential prospects in the vibrant Geroskipou area.

Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only. 

 Yeroskipou is a coastal town east of Paphos and is the second largest municipality in the District.   This village has a number of characteristics namely its remarkable five-domed Byzantine church of Agia Paraskevi, a folk museum and large traditional square.   The area is also known for the production of Turkish Delight or lokum as its known locally. There are plenty of shops, kiosks, restaurants and bars in this village as well as many areas of secluded coastline.

Buy Cyprus LTD a leading and esteemed fully accredited Estate Agent, proudly holding registration number 1014 with the Cyprus Real Estate Agents Association and license number 477/E. With nearly three decades of unwavering commitment in the Cyprus and UK real estate markets, Buy Cyprus stands as the epitome of trustworthiness, offering top-tier expert services.

Paphosproperties has seamlessly integrated with Buy Cyprus LTD, becoming an integral part of our number one leading agency. Together, we share in this legacy of excellence, with our unwavering focus on exceeding customer expectations. We ensure that both buyers and sellers receive unparalleled care and dedication, drawing upon our profound understanding of the Cyprus Real Estate Market to provide objective and impartial advice to our esteemed clientele. With utmost transparency, we deliver honest and precise property information, empowering you to make well-informed decisions with absolute confidence.

Access friendly
Airport: 15 min drive
Amenities: Walking Distance
Balcony
Beach: 5 min Drive
Double Glazing
Family Bathroom
Full Title Deeds
Golf: 10 Min Drive
Guest toilet
International School 5 minutes drive
Local School Nearby
Master Bedroom
No VAT
Open Kitchen
Shower
Town: 5 min drive
Unfurnished

HAVE ANY QUESTIONS OR WANT TO ARRANGE A VIEWING?

PROPERTY INQUIRY

TRANSFER FEES & STAMP DUTY

€34,938
IF BUYING AS AN INDIVIDUAL
( €33,200 Transfer Fees + €1,738 Stamp Duty )
€31,538
IF BUYING ON JOINT NAMES
( €29,800 Transfer Fees + €1,738 Stamp Duty )
Please note that the above calculations are an indication of your tax liability when buying a property in Cyprus for €915,000. The Cyprus Land Registry calculations may based on thier own property valuation price not reported sale price and therefore fees might differ to what is shown above.
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 assume that you are happy to receive all cookies on this site. Please make sure to read our cookies policy.