For Sale

Paphos Timi Buildings For Sale AMR35476


Property ID

597 m2


€370,000 / +VAT


Industrial building (Land Lease) in Timi community in Paphos District, at a distance of 3.8km northeast of Paphos International Airport and 200 meters north of the Limassol – Paphos motorway.

The property is located in B’ Paphos Industrial Zone (Agia Varvara) and it is situated close to all necessary services. In addition, it enjoys excellent access to the motorway and the city of Paphos.

The building is two-storey and it was constructed around the year 2009 on an industrial plot with total area of approximate 2,231sqm. On the ground floor comprises of a cold rooms, preparation area, packing area, disable WC’s and storage. The 1st floor consist of a kitchen, dining area, offices, reception area, storage room and WC/ changing room for male/female.

The area of the ground floor is 457sqm (approx.) and the 1st floor 140 sqm (approx.).

The property is subject to a long-term lease agreement with Cyprus Government with a rent of €7341/year and an expiration date 31/01/2042. It is noted that the agreement can be renewed for two periods of 33 years each.

It is noted that the property is vacant and it is consider as ideal investment opportunity.

*Partially Subject to VAT

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