€700,000
Business
Covered: 375m²
Plot: 524m²
Paphos, Paphos

Business in Paphos For Sale - Ref. A73591


COMMERCIAL BUILDING IN PAPHOS

WITH TITLE DEEDS

The property for sale is a ground floor commercial building located in a very attractive location in Paphos Municipality, in Agios Theodoros Quarter. The property is in a prime retail location while is also ideal for residential use. Within walking distance are many amenities and services such as shops, supermarkets, banks, schools, etc. In addition, it has excellent access to the town center and the motorway.

The building is approximate 10 years old and it is in a good condition. The building consists of covered parking spaces on the basement and the ground floor is comprised of two areas that were operating as a hair saloon and  a dancing school. The mezzanine and the basement can be accessed through an indoor  staircase while the basement can also be accessed through a ramp on its northern and western boundary.  

The building has a total covered area of 250sqm plus mezzanine of 125sqm and a basement of 300sqm.

The property is vacant, and it is suitable for private use or for rental purposes.

It is important to note that the property has unexhausted building factor and the capability for an additional two extra floors.

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

Delights of unobstructed views across lower Pafos to the sea. This is city living at its best, easy walking distance to the old town and its narrow streets over flowing with shops, coffeeshops, bars and restaurants. Easy access to Pafos commercial district, nightlife, the famous Hammam Baths, Pafos Mall and on the city’s bus route. Residence is the perfect location from which to enjoy and explore the very best that Pafos has to offer. Perfect for a city base or for investment with excellent rental opportunities.

Set apart from the lower town and main tourist area, this historic old quarter offers a more laid-back vibe as well as several cultural attractions. Although it is just 2miles (3kilometers) from the main sea front tourist area, Paphos City Center or Ktima as it is known locally, feels a world away. Take a stroll around this charming and laid-back part of town to see elegant, colonial-era constructions and the modern commercial center of town. Ktima is the perfect antidote for people looking to escape the busier, livelier and more tourist-heavy district of Kato Paphos or Lower Paphos. Wander around the city center bars and traditional restaurants. Pause for a coffee in a café with a harbor view. While you’re here, browse the edible goods on offer at the municipal market. The “agora” as the locals call it is where Paphos residents go to shop for groceries. With its many narrow lanes and its relatively small size, Paphos City Center is best explored on foot. If you don’t want to walk up hill togethere, ride a local bus from the harbor instead.

 

Buycyprus LTD is a licensed and Registered Estate Agent, registration number with the Cyprus Real Estate Agents Association 1014 and the license number 477/E 

With over 20 years experience both here in Cyprus and UK, Buy Cyprus offer you the expertise you deserve.
We pride ourselves on customer satisfaction with both buyers and sellers benefiting from our expert knowledge in the Cyprus Real Estate Market. We will give you impartial, unbiased advice and provide you with honest accurate property information.

 

1 Reception
Airport 20 mins Drive
Amenities: 5 Mins Drive
Amenities: Walking Distance
Basement
Beach: 10 min drive
Countryside Views
Double Glazing
Family Bathroom
Fitted Wardrobes
Full Title Deeds
Golf: 15 min Drive
Guest toilet
No VAT
Private Parking (covered)
Shower
Solar Hot Water System
Storage room
Town: Walking distance
Unfurnished
Water pressure system

HAVE ANY QUESTIONS OR WANT TO ARRANGE A VIEWING?

PROPERTY INQUIRY

TRANSFER FEES & STAMP DUTY

€25,908
IF BUYING AS AN INDIVIDUAL
( €24,600 Transfer Fees + €1,308 Stamp Duty )
€22,508
IF BUYING ON JOINT NAMES
( €21,200 Transfer Fees + €1,308 Stamp Duty )
Please note that the above calculations are an indication of your tax liability when buying a property in Cyprus for €700,000. 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.
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