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Down Town Cyprus Sales and Rentals
Mixed Use Project
Timi, Paphos

€1,400,000  ($1,616,977)

BuySell's Choice
One of BuySell Cyprus Real Estate favourite property
Down Town Cyprus Sales and Rentals

Down Town Cyprus Sales and Rentals

C.N. PROPERTY CANVAS LTD Reg. No: 826 / License No: 432/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 $56,594

Average Bank Rate (€1,400,000)
1 USD = 0.8365 EUR
$1,673,572

Mid-market rate (€1,400,000)
1 USD = 0.8658 EUR
$1,616,977

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: 8395382 (DT3222)
  • Total covered area: 520 sqm
  • Plot: 1891 sqm
  • Air Conditioning
  • Double Glazing
  • Family Bathroom
  • Furnished - None
  • Guest Toilet
  • Open Kitchen
  • Separate Kitchen
  • Parking - Covered
  • Parking - Uncovered
  • Storage room
  • Airport: Walking distance
  • Beach: 5 min Drive
  • Golf: 10 min Drive
  • Town: 10 min Drive
  • No VAT
  • Title Deeds - Available

Description

This project is located on the edge of Timi village and it is only 500 meters from Paphos airport, which makes it an ideal investment opportunity to convert the building into a small Boutique Hotel or apartments. There is not another hotel this close to the airport.
5 mins drive to 3 golf courses and it is a popular area for road cycling competitions.
The current property has a restaurant with kitchens, store rooms, toilets, which has permissions to convert this into 4 apartments.
The upper floor has 3 X 2 bedroom apartments with balconies and sea views.
Basement area 106m2 which could be converted into a gym/ children's play area.
Included in this price there is an additional plot of land next to this 1,034m2
FULL TITLE DEEDS

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
€52,600 ($60,752)
If buying on joint names
€49,200 ($56,825)

Disclaimer - Property reference 8395382. 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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