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Building
Paphos Municipality, Paphos

€3,700,000  ($4,262,972)

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 $149,204

Average Bank Rate (€3,700,000)
1 USD = 0.8386 EUR
$4,412,176

Mid-market rate (€3,700,000)
1 USD = 0.8679 EUR
$4,262,972

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: 7508800 (480031139_129)
  • Total covered area: 900 sqm
  • Plot: 900 sqm

Description

Discover this unique real estate portfolio of 13 commercial & and residential units offered for sale.
This listing provides investors with a remarkable chance to acquire a substantial parcel of properties with immense potential in a prime location within the historical center of Paphos.
Situated in a Prime Location and benefits from the high visibility and strategic location, attracting diverse visitors and potential customers.
Paphos, a city of rich history and remarkable growth, presents an exceptional investment opportunity with its thriving tourism sector and a steady influx of visitors and new residents. As the city evolves, the demand for well-located and characterful properties in the city center is poised to increase, offering promising prospects for long-term returns on investment.
DEVELOPMENT POTENTIAL:
Each building within this remarkable collection possesses its own distinctive character and architectural style, awaiting restoration and development.

INVESTMENT ADVANTAGE:
The acquisition of these 13 land plots with buildings as a single lot presents numerous advantages for investors. Benefit from economies of scale, streamline renovation processes, and leverage the combined appeal of the entire collection to attract potential tenants, buyers, or business ventures seeking unique spaces in Paphos City Center.

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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
€144,600 ($166,602)
If buying on joint names
€141,200 ($162,684)

Disclaimer - Property reference 7508800. 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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