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931 SQM Commercial Plot
Paphos Municipality, Paphos

€1,200,000  ($1,392,876)

Cyprus Properties

Cyprus Properties

Reg.num: 841 / Lic.num: 387/E

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In high demand!
Compared currency flag Pay in USD and save up to $48,751

Average Bank Rate (€1,200,000)
1 USD = 0.8324 EUR
$1,441,626

Mid-market rate (€1,200,000)
1 USD = 0.8615 EUR
$1,392,876

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.

Planning Zone

Commercial (ΕΑ4)

Description: Urban Shopping Centre (Αστικο Εμπορικο Κεντρο)

Coverage: 0.5

Density: 1.6

Height: 17 meters

Allowed stories: 4

Development description: Local Plan Of Paphos (Τοπικο Σχεδιο Παφου)


Nearby planning zones

Residential: 0.27 Km

Tourist: 2.12 Km

Industrial: 1.2 Km

Agricultural: 1.81 Km

Farm: 6.06 Km

Key features

  • Listing ID: 8537287 (41201)
  • Plot: 931 sqm

Description

Excellent investment opportunity in the heart of Paphos City Center. This prime corner commercial plot enjoys a highly strategic location, just 2 minutes’ walk from TEPAK University, making it ideal for redevelopment into a modern commercial or mixed-use project.

The property has a total plot area of 931m² and includes an old house of approximately 112m², built in 1975, currently in poor condition. Its strong planning characteristics make it a very attractive option for developers and investors.

Property Details:

Plot Area: 931m²
Plot Type: Commercial Plot
Planning Zone: Ea4
Building Density: 160%
Building Coverage: 50%
Floors: Up to 4 floors
Existing Structure: 112m² old house

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 ($51,769)
If buying on joint names
€41,200 ($47,822)

Disclaimer - Property reference 8537287. 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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