Skip to main content
Apartment Building
Peyia, Paphos

€650,000  ($743,641)

Fox Smart Estate Agency Limassol

Fox Smart Estate Agency Limassol

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $26,027

Average Bank Rate (€650,000)
1 USD = 0.8445 EUR
$769,668

Mid-market rate (€650,000)
1 USD = 0.8741 EUR
$743,641

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: 1485315 (26180)
  • Plot: 490 sqm

Description

This exceptional property in the heart of Pegeia offers a versatile investment opportunity with substantial potential. The complex, set on a 490m² plot, includes a well-constructed main building with three spacious apartments and a traditional stone shell building ready for renovation.

Main Building Features:

Ground Floor Apartment: Spanning 134m², this apartment features a separate kitchen, an open-plan living and dining area, and two bathrooms. The layout ensures ample space and comfort.
Upper Floor Apartment: This unit mirrors the ground floor layout but is larger, with a covered area of 147m². It benefits from the same well-designed features with additional space.
Lower Ground Floor Apartment: Covering 110m², this apartment includes a private yard of 150m², offering outdoor space and additional versatility.
Traditional Stone Shell Building: The shell building has a covered area of 52m² and provides a valuable renovation opportunity.

Additional Features:

Roof Garden: Stunning panoramic views are available from the roof garden, enhancing the appeal of each unit.
Parking: Covered parking for one vehicle.
Utilities: Equipped with water and electricity connections.
Location: Centrally located in Pegeia, all local amenities are within walking distance, and Coral Bay Beach is just a short drive away. The main road frontage presents the possibility to convert the ground floor into retail space while utilizing the upper floors for residential purposes.
This property offers an excellent chance to create a high-yield investment, with the flexibility to convert the apartments for various rental options and capitalise on its prime location and views.

For privacy reasons, the advertiser has not indicated the exact address.
Open map  

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
€22,600 ($25,856)
If buying on joint names
€19,200 ($21,966)

Disclaimer - Property reference 1485315. 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.

1,305 properties SOLD in Peyia and nearby areas! Get in touch with local agents who can sell your property fast at the best price!