3-story multi-purpose building in paphos center

Property Overview:

Total Area: 530 sqm across 3 floors

Ground Floor: 2 retail shops

First Floor: Potential for 2 studios and 3 two-bedroom apartments

Second Floor: Potential for 2 studios and 1 one/two-bedroom apartment

Location: Situated in the heart of Paphos City Center, this property boasts an unbeatable location that ensures high visibility and foot traffic for the ground floor shops.

The vibrant area is surrounded by a diverse mix of businesses, cultural landmarks, and amenities, making it a prime spot for both commercial and residential purposes.

Property Features:

Ground Floor: Two spacious retail shops ideal for a variety of businesses, from boutiques to cafes.

Large storefront windows offering excellent exposure to attract customers.

First Floor: Space for two modern studios, perfect for short-term rentals or young professionals.

Second Floor:

Potential to develop two stylish studios.

An additional space that can be configured as a one or two-bedroom apartment, offering flexibility for future development.

Investment Potential: This property is a diamond in the rough, offering immense potential for an investor with vision.

With 530 sqm of versatile space, the possibilities are endless.

Renovate to create a bespoke blend of commercial and residential units that cater to the growing demand in Paphos City Center.

Why Invest?

Prime Location: Central Paphos is a bustling hub with a steady influx of tourists and locals, ensuring constant demand for both retail and residential spaces.

Flexibility: The property’s layout allows for a range of configurations, giving you the flexibility to tailor the space to market needs.

Growth Opportunity: Paphos is a city on the rise, with ongoing development projects and a thriving economy, making it an excellent time to invest.

This exceptional property offers a rare opportunity to secure a prime location in one of Paphos’ most desirable areas.

With the right renovation and vision, it can be transformed into a lucrative investment that provides both immediate and long-term returns.

Don’t miss out on this unique chance to make your mark in Paphos City Center.

Contact us today to arrange a viewing and start planning your next great investment