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Mixed Use Project
Chlorakas, Paphos

€1,500,000  ($1,735,729)

Fox Smart Estate Agency Limassol

Fox Smart Estate Agency Limassol

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $60,751

Average Bank Rate (€1,500,000)
1 USD = 0.8350 EUR
$1,796,480

Mid-market rate (€1,500,000)
1 USD = 0.8642 EUR
$1,735,729

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1532459 (26605)
  • Plot: 3215 sqm

Description

Presenting a unique investment opportunity in the picturesque coastal village of Chloraka, just steps away from the serene Mediterranean Sea.

This exceptional property includes a fully functioning restaurant, two charming studio apartments, and a spacious one-bedroom apartment, all set within a highly sought-after location.

The restaurant is a well-established business with a loyal customer base, offering indoor and outdoor seating that captures breathtaking sea views.
With its prime location, it draws both locals and tourists, making it a perfect spot for seaside dining.

On top of the restaurant are two self-contained studio apartments, ideal for short-term rentals or holiday stays.

Each studio is thoughtfully designed, fully furnished, and equipped with modern amenities, offering guests a comfortable and relaxing stay.

Additionally, the property includes a one-bedroom apartment with a spacious living area and a private terrace. This apartment is perfect for long-term rentals or as an owner's residence.

With its prime location, stunning sea views, and versatile setup, this property offers multiple income streams and significant potential for further growth, making it a fantastic investment opportunity in Paphos.

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€56,600 ($65,495)
If buying on joint names
€53,200 ($61,561)

Disclaimer - Property reference 1532459. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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