€700,000
Building
Pafos, Pafos Town

Building in Pafos Town - Ref. No. CS14305


The property for sale is a ground floor commercial building located in a very attractive location in Paphos Municipality, in Agios Theodoros Quarter. It abuts onto Aftokratoros Theofilou Street, approximately 780 meters west of Dimokratias Avenue and approximately 250 meters north of Athinon Avenue.

The property is in a prime retail location while is also ideal for residential use. Within walking distance are many amenities and services such as shops, supermarkets, banks, schools, etc. In addition, it has excellent access to the town center and the motorway.

The building is approximate 10 years old and it is in a good condition. The building consists of covered parking spaces on the basement and the ground floor is comprised of two areas that were operating as a hair saloon and  a dancing school. The mezzanine and the basement can be accessed through an indoor  staircase while the basement can also be accessed through a ramp on its northern and western boundary.  

The building has a total covered area of 250sqm plus mezzanine of 125sqm and a basement of 300sqm.

The property is vacant, and it is suitable for private use or for rental purposes.

It is important to note that the property has unexhausted building factor and the capability for an additional two extra floors.

  • Planning zone: Κα3
  • Building Coefficient: 140%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 3
  • Maximum Building Height (m): 13,50

 

  • Parking : 5 Covered
Investment Opportunity
No VAT
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