Mixed Use Building for Sale Located in Kato Paphos

Mixed Use Building for Sale Located in Kato Paphos

Prime Commercial Property with Apartments – Kato Paphos

This unique property for sale consists of two ground-floor shops that have been consolidated, offering a versatile space in a prime location. Situated in the Kato Paphos quarter, this property is approximately 400 meters east of the bustling Kings Avenue Mall and only 240 meters from the 6th Primary School of Paphos, on the highly visible Agapinoros Avenue.

Property Details:

• Built in 1986
• Ground Floor Store Area: 162 sq.m.
• Mezzanine Area: 70 sq.m.
• Total Store Area: 232 sq.m.
• Apartments Total Area: 295 sq.m.

The ground floor comprises a spacious open-plan retail area and storage, with additional toilet facilities located on the mezzanine level. The space is designed for retail use but offers flexibility for various other commercial purposes.

Residential Apartments: The first-floor houses five developed apartments, providing a mix of one- to three-bedroom units:

• Apartment 101: One bedroom, 38 sq.m.
• Apartment 102: Two bedrooms, 62 sq.m.
• Apartment 103: Two bedrooms, 65 sq.m.
• Apartment 104: One bedroom, 45 sq.m.
• Apartment 105: Three bedrooms, 85 sq.m.

Location Highlights: This property is part of a mixed-use commercial and residential complex and enjoys an excellent position within a high-traffic area. With its close proximity to Kings Avenue Mall, local schools, and the vibrant coastal district of Paphos, this location offers easy access to shopping, dining, entertainment, and transportation services.

Given the property’s prime location and its combination of commercial and residential opportunities, it is an attractive investment for both immediate commercial use and long-term rental potential.

Development Potential: The store has exhausted its building development rights; however, the five apartments on the first floor add significant value and rental income potential.

Don’t miss out on this rare opportunity to own a property in one of Paphos’s most sought-after areas.

This description offers a clearer breakdown of the property’s features, emphasizes its versatility, and highlights its potential as an investment.