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Set in the very heart of Paphos’ Old Town, just steps from the popular Karavela station, this rare commercial property offers an exceptional opportunity in one of the city’s most vibrant and high-traffic locations. Surrounded by cafes, galleries, local boutiques and year-round tourist activity, it is perfectly positioned for a wide range of uses — from a signature restaurant or boutique office to a creative studio or retail concept.
The building itself carries nearly a century of history and now stands as a blank canvas. With most interior structures removed and only the external walls preserved, it provides the freedom to shape an entirely new vision within an authentic, character-filled shell. The property may be fully redesigned, extensively renovated, or even completely rebuilt, giving future owners full flexibility to create a bespoke commercial space aligned with their business goals.
Freehold title deeds are available, ensuring a clear and secure acquisition.
Opportunities of this kind are exceptionally rare in Old Town — where charm, visibility and redevelopment potential come together in one address. A truly promising investment for those ready to unlock the next chapter of this iconic location.
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.
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