Enclosed area: 305 m2
Veranda : 12 m2 Covered + 33 m2 Uncovered
Title deed: The property has a separate title deed
Not subject to VAT.

Two-storey building in a central location in Kato Paphos Quarter in Paphos Municipality, at a distance of 885 meters (approx.) southeast “Kings Avenue Mall” and 510 meters (approx.) north of “Almyra Hotel”.

The property is ideally situated close to a plethora of amenities and services such as supermarkets, restaurants, cafes, shops etc. In addition, it enjoys excellent access to the town center and Kato Paphos tourist area.

The building comprises of two restaurants on the ground floor. The 1st floor consists of a one-bedroom and a two-bedroom apartment. Their level of construction and maintenance is satisfactory. It contains a storage room.

The area of the restaurant 0/40037 is 111 sqm, the restaurant 0/40038 is 70 sqm, the apartment 0/40339 is 49 sqm and the apartment 0/40040 is 75 sqm. The restaurant 0/40038 has a basement of an area 63 sqm.

All units are vacant.

The property is considered as an appealing investment opportunity.

The units have acquired energy efficiency certificates:

0/40037 – Category Γ
0/40038 – Category Δ
0/40039 – Category Ε
0/40040 – Category Ε

The property falls within commercial planning zone Εβ.

Building Density Coefficient 80%
Building Coverage Coefficient 45%
Maximum Floors 2
Maximum Height 10m

The closing time for tender submission is 10:00am every Tuesday, unless otherwise specified.

a-33366