MIXED USED BUILDING:

• 2 x Shops
• 4 x Apartments

OFFICIAL VALUATION AVAILABLE:

• A recent professional valuation (€830,000) has been conducted by a certified evaluator to justify the sale price. Available upon request for serious buyers.
• Reduced to €740.000 – Non-negotiable (Maybe subject to VAT)

PROPERTY OVERVIEW:

• 4 X Three-Bedroom Apartments: One apartment is currently under construction.
• 2 x Ground-Floor Shops: Ideal for commercial use.
• 1 x Large Basement: Suitable for storage or additional use.

PLOT DETAILS:

• Total Plot Size: 586 sqm.

CONDITION:

• The building was constructed using high-quality materials and remains structurally strong for its age. However, renovation is to bring it to modern standards.

FINAL APPROVALS & TITLE DEEDS:

• The building has been granted building permits, but there is no final approval or separate title deeds for the individual apartments and shops.
• Buyers will need to reapply for any building adjustments they may wish to implement.

RESERVATION FEE:

• 5% to secure the property.

PAYMENT SCHEDULE:

• 40% upon signing the sale contract and depositing it at the Land Registry (handled by the seller’s legal representative).
• Remaining balance due before or upon Title Deed transfer.

LOCATION HIGHLIGHTS:

• Saint Pavlos, Paphos.
• Centrally located in a sought-after neighborhood, ideal for both residential and commercial ventures.

TITLE DEEDS:

• Owner’s name.

INVESTMENT OPORTUNITY:

• This property offers significant potential for residential and commercial purposes, strategically located in Saint Pavlos, Paphos. With upgrades and final permits, it’s a prime opportunity for buyers looking to invest in the heart of the city.
• This is an excellent investment opportunity, ideal for residential or commercial purposes, in the heart of Saint Pavlos, Paphos.