Full Description
MIXED USED BUILDING:
• 2 x Shops
• 4 x Apartments
OFFICIAL VALUATION AVAILABLE:
• A recent valuation prepared by a certified and approved evaluator justifies the sale price and is available for serious buyers.
PROPERTY OVERVIEW:
• 4 X Three-Bedroom Apartments: One apartment is currently under construction.
• 2 x Ground-Floor Shops: Ideal for commercial use.
• 1 x Large Basement: Suitable for storage or additional use.
PLOT DETAILS:
• Total Plot Size: 586 sqm.
CONDITION:
• The building is structurally sound for its age. Renovations are recommended to bring it to modern standards.
APPROVAL STATUS:
• Building permits are available; however, final approval and separate title deeds for the shops and apartments are pending.
• Buyers will need to reapply for permits and address any building adjustments to secure final approval.
RESERVATION FEE:
• 5% to secure the property.
PAYMENT SCHEDULE:
• 40% upon signing the sale contract and depositing it at the Land Registry (handled by the seller’s legal representative).
• Remaining balance due before or upon title transfer.
LOCATION HIGHLIGHTS:
• Saint Pavlos, Paphos.
• Centrally located in a sought-after neighborhood, ideal for both residential and commercial ventures.
TITLE DEEDS:
• Owner's name.
INVESTMENT OPORTUNITY:
• This property offers significant potential for residential and commercial purposes, strategically located in Saint Pavlos, Paphos. With upgrades and final permits, it’s a prime opportunity for buyers looking to invest in the heart of the city.
• This is an excellent investment opportunity, ideal for residential or commercial purposes, in the heart of Saint Pavlos, Paphos.
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