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Mixed Use Project for sale in Paphos Municipality, Paphos

Paphos Municipality, Paphos, Cyprus
Mixed Use Project for sale in Paphos Municipality, Paphos 1702 Paphos Municipality
895000 €895,000  ($998,972)
Mixed Use Project
Paphos Municipality, Paphos

€895,000  ($998,972)

Fox Smart Estate Agency Limassol

Fox Smart Estate Agency Limassol

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $34,964

Average Bank Rate (€895,000)
1 USD = 0.8656 EUR
$1,033,936

Mid-market rate (€895,000)
1 USD = 0.8959 EUR
$998,972

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1443896 (25740)

Description

Located in the bustling centre of Paphos, Cyprus, this mixed-use building presents an exceptional investment opportunity.

The ground floor boasts two spacious and highly visible retail shops, each featuring large glass windows ideal for attracting customers.

These shops are currently rented from tenants . The first shop is rented for 600 euro and the other one for 1200 euro monthly.


Above the commercial spaces, the building houses two apartments designed for comfort and convenience. One apartment is rented for 600 euro and another remains empty at the moment.

Each apartment features an open-concept layout that maximizes living space and natural light, complete with fully equipped kitchens, contemporary bathrooms, and inviting living areas.

Balconies provide residents with picturesque views of the city, enhancing the urban living experience.

The building’s exterior is a blend of traditional Cypriot architectural elements and contemporary design, utilizing high-quality materials that ensure durability and aesthetic appeal.

The strategic placement in the heart of Paphos offers unparalleled access to local attractions, dining, shopping, and public transportation, making it an attractive choice for both tenants and business owners.

This mixed-use property is not only an ideal blend of commercial and residential spaces but also a sound investment. Its prime location in a thriving area of Paphos ensures steady rental demand and potential for capital appreciation.

Whether you are looking to expand your investment portfolio or seeking a reliable source of rental income, this property offers a promising return on investment.

Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€1,698 ($1,895)
If buying on joint names
€1,698 ($1,895)
Transfer fees
If buying as an individual
€32,400 ($36,164)
If buying on joint names
€29,000 ($32,369)

Disclaimer - Property reference 1443896. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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