Covered area: 646 m2
110 m2 Mezzanine
446 m2 Land
Three-storey commercial building in a very good location in Paphos Municipality, at a distance of 650 meters (approx.) north of Paphos A’ Lyceum and 100 meters (approx.) south of “Papantoniou” supermarket.
The property enjoys very good access to the city center and the motorway. It is ideally situated close to a plethora of amenities and services such as the “King’s Avenue Mall”.
The building was constructed around the year 1995. The ground floor consists of a shop with a mezzanine and a basement, while the two upper floors (1st & 2nd floor) consist of 4 office spaces and a communal toilet (on each floor).
The area of the ground floor is 260sqm (approx.), the mezzanine is 110sqm (approx.) and the basement is 130sqm (approx.).
The 1st floor is 193sqm (approx.) plus 70sqm (approx.) of uncovered veranda and the 2nd floor is 193sqm (approx.).
The shop is rented for €1300/month.
It is noted that one of the office space on the 1st floor was converted into a flat and currently it is being rented for €200/month. The remaining units are vacant.
Τhe property has the potential to offer a high yield and it is considered as an ideal choice for investment.
Year built: 1995
The property has a separate title deed
a-36022