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Building
Kato Paphos Universal, Paphos

€4,990,000  ($5,750,749)

REMAX Cyprus

REMAX Cyprus

Reg. No: 758 / License No: 410/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 $201,276

Average Bank Rate (€4,990,000)
1 USD = 0.8384 EUR
$5,952,026

Mid-market rate (€4,990,000)
1 USD = 0.8677 EUR
$5,750,749

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: 7508797 (480031139_118)
  • Total covered area: 3771 sqm
  • Plot: 3176 sqm
  • On Busy Road, Parking, Air Conditioning, Modern, Sea View, Veranda, Central Heating, Security Camera

Description

This 3,771 sqm Commercial Building is sold with 4 additional plots in Agios Theodoros is situated in an exceptionally advantageous location. It boasts easy accessibility via Dimokratias and Anexartisias avenues, merely a minute's drive from the highway. This facilitates connectivity to other cities. The beach is conveniently reachable within a five-minute drive. Paphos airport is 10km, Cyprus University of Technology 600m, Town Hall 1,6 km , Paphos Court 1,2 km, exit to highway 1 km , Era department store 600 m , and Technical school 50 m. The surrounding area encompasses shopping malls, supermarkets, hospitals, universities and schools. Notably the area has experienced a significant surge in various investments focused on commercial developments.
The building has a total area of 3,771 sqm, with the following breakdown:
- Internal retail office area 2512 sqm,
- Internal storage area 849 sqm
- Covered verandas 60 sqm
- Common areas 350 sqm

The 4 additional plots are adjacent and offer ample parking spaces for visitors.
The versatility of the development and the open plan design, allows the building to have many potential uses: Retail, Offices, Medical Center, Student accommodation, University, Mixed uses.
The entirety of the building is presently utilized by the owners as a retail department store. The ground floor features a cafeteria equipped with a fully operational commercial kitchen.

Special features:
- The facade structure is constructed using round panoramic glass.
- The building exterior is enveloped with double-glazed aluminium glass and alucobond, which provides a modern look,durability, and elegance.

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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
€196,200 ($226,112)
If buying on joint names
€192,800 ($222,193)

Disclaimer - Property reference 7508797. 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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