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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
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
- Property ID 314515
- Price €1,100,000
- Location Timi, Paphos
- Property Type Project
- Year Built 2009
- Size 520 m2
- Land area 1891 m2