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Kato Paphos, Paphos

€1,200,000  ($1,371,737)

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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In high demand!
Compared currency flag Pay in USD and save up to $48,011

Average Bank Rate (€1,200,000)
1 USD = 0.8452 EUR
$1,419,748

Mid-market rate (€1,200,000)
1 USD = 0.8748 EUR
$1,371,737

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: 7784021 (31698)

Description

Prime Commercial Property & Business Opportunity in Kato Paphos
Fox Realty presents an exclusive opportunity to acquire two adjoining freehold shops together with a fully operational business, located directly on the main road in Kato Paphos, one of the most prominent and high-traffic areas of the city.
The property consists of three connected ground-floor shops built in 1995, currently operating as a single unit:
Shop 1: 45 m² – Freehold, For Sale
Shop 2: 28 m² – Freehold, For Sale
Shop 3: For Rent (€2,000/month)
All three shops are arranged in a row and connected internally, offering flexibility for use as one large commercial space or separate retail units.
? Property Condition
Well-maintained and in excellent operational condition
Fully equipped with modern shelving, lighting, air-conditioning, and security system
Key ready – ideal for immediate continuation of the existing business or for conversion into another retail or service use (medical, beauty, boutique, or office)
? Location & Parking
Strategically positioned on the main commercial and tourist road of Kato Paphos, this property enjoys:
High visibility and constant foot and vehicle traffic
Public parking directly in front of the shops
Private communal parking area at the rear of the building (shared by owners/tenants)
Easy access from all directions and close proximity to hotels, restaurants, and other retail businesses
Parking areas are not included in the title deeds but are freely accessible to customers and staff.
? Sale Options
Option A – Full Package (Business + Property): €1,200,000
Includes both freehold shops (73 m² total), furniture, equipment, and business goodwill.
Option B – Business Only (Without Property): €800,000
Includes furniture, fixtures, and goodwill.
Premises available for rent at €2,000/month.
⚙ Key Features
Located on the main road in Kato Paphos (tourist area)
Two freehold shops (73 m² total) + one rental unit
Built in 1995
Public parking in front & private communal parking at the rear
Fully fitted, air-conditioned, and key ready
Suitable for retail, medical, or office use
Excellent investment and operational potential
❓ Frequently Asked Questions (FAQ)
1 What is included in the sale?
Two freehold retail shops (73 m² total), all equipment, furniture, and goodwill. A third connected shop is available for rent (€2,000/month).
2 Can the business be purchased without the property?
Yes — you can purchase the business only for €800,000 and rent the premises.
3 Are title deeds available?
Yes — both freehold units have clean, separate title deeds ready for transfer.
4 What is the building’s condition?
Built in 1995, in excellent condition, and ready for immediate operation.
5 What kind of parking is available?
There is public parking directly in front of the property and private communal parking at the back shared by property owners and tenants. These areas are not included in the title deeds but are easily accessible for clients and staff.
6 Is it necessary to keep it as a pharmacy?
No. The property can easily be adapted for retail, medical, beauty, or other commercial uses.
7 Why is the owner selling?
The sale is due to personal retirement plans.
8 Who is this opportunity ideal for?
Pharmacists or medical professionals
Investors seeking a commercial property in a prime tourist area
Entrepreneurs wanting a high-visibility business in Kato 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
€44,600 ($50,983)
If buying on joint names
€41,200 ($47,096)

Disclaimer - Property reference 7784021. 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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