Detached Villa in Tremithousa For Sale - Ref. BC76589

 TWO-BEDROOM DETACHEDVILLA IN TREMITHOUSA, PAPHOS IN NEED OF RENOVATION WITH EXCELLENT INVESTMENT POTENTIAL ON A 308 SQ.M. RESIDENTIAL PLOT WITH TITLE DEED

 ALL OFFERS MUST BE ON OR ABOVE THE ASKING PRICE TO BE CONSIDERED

Located in the established community of Tremithousa, Paphos, this single-storey detached villa presents an opportunity for buyers seeking a renovation project with investment potential in one of the residential areas surrounding Paphos town. Set on a 308 sq.m. plot, the property offers approximately 130 sq.m. of internal living space and provides scope for those looking to create a home tailored to their own requirements. Built around 1935, the house is in need of full renovation, making it particularly relevant to investors, relocation buyers and retirees who recognise the potential of an older property in an established Cypriot community.

For buyers exploring property investment in Cyprus, opportunities such as this can offer an alternative to purchasing a finished home. The existing building, residential zoning and location provide a starting point for assessing the property's future use, subject to the necessary professional inspections, planning requirements and any applicable approvals.

Property Features and Renovation Potential

The villa is arranged on a single level and currently comprises two bedrooms, a living room, a kitchen and a bathroom with toilet. Its existing layout provides a foundation for a comprehensive renovation, allowing prospective owners to evaluate how the interior could be reconfigured to suit contemporary living requirements while respecting the character of the original building.

The property occupies an irregularly shaped, flat plot with a north-facing orientation and approximately 26 metres of frontage onto a registered public road. These characteristics are important considerations when assessing access, renovation possibilities and the overall use of the land.

The plot falls within residential planning zone Κα6α, with a stated building density coefficient of 90%. This planning information may be of interest to investors examining the property's longer-term potential. However, the coefficient alone does not confirm the permitted development area or establish that additional construction is possible. Any proposed alterations, extensions or redevelopment would need to be assessed by a qualified local architect or planning professional against the applicable regulations and site-specific restrictions.

Given the age and condition of the building, buyers should budget for a thorough assessment of the structure, utilities, roof, plumbing, electrical installations and other essential components before committing to a renovation.

Living in Tremithousa, Paphos

Tremithousa is an established community in the Paphos district, offering a residential setting within reach of the wider town and its everyday services. The property's proximity to essential amenities and access to neighbouring communities support its appeal for those seeking a permanent home rather than a location used exclusively for holidays.

Paphos offers a Mediterranean lifestyle shaped by its coastal surroundings, local markets, restaurants, cultural attractions and outdoor activities. Residents can enjoy access to the wider area's beaches and leisure facilities while benefiting from the more settled atmosphere of a residential community outside the busiest tourist areas.

For international buyers relocating to Cyprus, Tremithousa provides a base from which to explore the practicalities of daily life, including access to shops, healthcare, education and transport connections across Paphos. Retirees may appreciate the opportunity to create a personalised home in a familiar residential setting, while holiday-home buyers can investigate whether a renovated property would meet their intended pattern of use.

Investment Potential and Cyprus Permanent Residency

The requirement for full renovation makes this property particularly suited to buyers prepared to undertake a project and evaluate the relationship between acquisition costs, renovation expenditure and potential future value. Investors may consider a range of strategies, including creating a permanent residence, a personal holiday home or a property intended for rental, subject to the relevant permissions, market demand and financial assessment.

The property's established location and residential zoning provide useful starting points for due diligence. Nevertheless, its age, condition and development constraints should be carefully evaluated before estimating resale prospects or rental returns. An independent structural survey, renovation quotation and planning assessment would help establish a realistic investment case.

International buyers considering relocation should also understand that purchasing property does not automatically grant Cyprus Permanent Residency. Eligibility depends on the applicable immigration route, investment criteria, supporting documentation and government approval. The property's existing age and condition mean that buyers should not assume it qualifies under a particular residency investment category without obtaining current professional advice and confirmation of the relevant requirements.

Why Consider This Property?

For investors, the appeal lies in the opportunity to assess an older detached house and determine whether a carefully planned renovation could unlock value. The existing structure and residential setting offer a different proposition from purchasing a completed property.

For relocation buyers and retirees, the single-storey arrangement provides a practical starting point for designing a home around individual preferences. A comprehensive renovation could allow the future owner to reconsider room arrangements, finishes and essential installations, subject to feasibility.

For holiday-home buyers, Tremithousa offers a residential alternative to more heavily frequented coastal locations. Its position within the Paphos district allows prospective owners to balance local community living with access to the area's wider attractions.

The 308 sq.m. plot, approximately 130 sq.m. of internal space and stated residential building density also give buyers specific details to investigate when evaluating the property's longer-term possibilities. Careful due diligence will be essential to determine which improvements or future uses are realistically achievable.

Arrange a Viewing

This detached villa in Tremithousa represents an opportunity for buyers willing to look beyond its current condition and assess the possibilities of a full renovation. Whether your objective is to establish a home in Paphos, create a personal Mediterranean retreat or evaluate a property investment, an inspection is the logical next step. Contact Buy Cyprus to arrange a viewing and discuss the property's condition, planning considerations and potential suitability for your objectives.

Legal Information

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

All property details, availability, specifications, and pricing are provided for marketing purposes and may be subject to change without notice.

Property purchases and eligibility for the Cyprus Permanent Residency Program are subject to government regulations and approval.

Buy Cyprus LTD is a leading and esteemed fully accredited Estate Agent, proudly holding registration number 1014 with the Cyprus Real Estate Agents Association and licence number 477/E. With nearly three decades of commitment to the Cyprus and UK real estate markets, Buy Cyprus provides professional services built on experience, transparency and client care.

Paphosproperties has seamlessly integrated with Buy Cyprus LTD, becoming an integral part of our leading agency. Together, we continue our commitment to exceeding customer expectations and ensuring that buyers and sellers receive dedicated support, informed guidance and objective property information. With a thorough understanding of the Cyprus real estate market, we aim to empower our clients to make well-informed decisions with confidence.

This information does not constitute legal or financial advice.