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Pay in USD and save up to $16,170Prime Commercial Corner Plot for Sale in Central Paphos – Excellent Investment Opportunity
An outstanding opportunity to acquire a strategically located commercial corner plot in the heart of Paphos, offering exceptional development and investment potential.
Situated near the well-known Techniki Roundabout and within close proximity to the university, this property enjoys excellent visibility and easy access, making it ideal for commercial or mixed-use development.
The plot measures approximately 320m² after separation and falls within a commercial zone with 120% building density, providing significant potential for future expansion or redevelopment.
Currently, the property includes two existing rented shops, generating an approximate rental income of €1,200 per month, with strong potential to achieve considerably higher returns in the future due to the prime location and high demand in the area.
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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