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Property for sale

Paphos, Paphos, Cyprus

£738,773 *  [€890,000]

Property for sale

Paphos, Paphos, Cyprus

£738,773 *  [€890,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 534 m2

Features


  • Air Conditioning
  • Double Glazed Windows
  • En suite bathrooms
  • Open Plan Kitchen
  • Provision for Air-Condition
  • Solar Water Heater
  • Balcony
  • Covered parking
  • Airport: 15 min drive
  • Quiet residential area
  • Sea views
  • Town: Walking distance
  • Investment Opportunity
  • No VAT
  • Title Deeds
  • Beach: 5 min Drive
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Full Description


The property concerns a three storey, mixed use building, named “Chrisandria Court”, in Agios Theodoros quarter, Paphos Municipality. It abuts with Galateias street along its northern boundary. It is located at a distance of 330m. west of Paphos town hall and 150m north of Apostolou Pavlou avenue .

The ground floor which occupies the northern part of the plot has been erected in 1977. It comprises three (3) shops. Shops 1 & 3 have been unified (vacant) and shop 2 is rented by Hair salon.
The 2 upper floors have been erected in 2008 and comprise of 2 apartments (one 1-bedroom and one 2-bedroom) on the 1st floor, 4 apartments (one 1-bedroom and three 2-bedroom) on the 2nd floor and 1 studio (not on permits) on the roof.

The one-bedroom apartments comprise an open-plan living room, dining room, and a kitchen, one bedroom, a bathroom, and a covered terrace. The two-bedroom apartments comprise an open-plan living room, dining room, and a kitchen, two bedrooms, a bathroom, and a covered terrace. Apartments No. 5 & 6 were unified. The studio comprises a bedroom, kitchen, and living room in an open-plan space, a bathroom, and a terrace.

Property is partially occupied as below:
Shop 1 Vacant.
Shop 2 Rented.
Shop 3 Vacant.
Apartment 101 Rented
Apartment 102 Vacant
Apartment 201 Rented
Apartment 202 Vacant
Apartment 203 Rented
Apartment 301 Rented

The property falls within Zone Πα9α, with a building coefficient of 120%, coverage of 70%, and permission for 2 floors (8.3m) of construction.

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