Apartment And Shops In Paphos Cyprus For Sale

Business description

Located in Paphos, Cyprus we are offering a superb opportunity to buy our commercial / residential building at a reduced price. Our building is 10 minutes away from Paphos international airport and has good access by a major road.

The building block comprises of the following:

5 large apartments ( 2 x 3 bedroom apartments - 2 x 2 bedroom apartments - 1 x 1 bedroom apartment)
1 large shop floor area which is currently divided in to 2/3 and a 1/3 configuration.
1 large basement, ideal for the storage of anything including cars and small trucks.
Surrounding land.

Sizes are as follows:

Basement - approx 500 square metres (5350 square feet). High access point for vehicles. Rest room facilities. It is currently being used as an import/export business.

Ground floor - Shops currently divided in to a 2/3 and 1/3 configuration. The 2/3 shop is being used as a bakery and the 1/3 shop is being used as a windscreen repair business. There is also a first floor office/storage space for the shops. Total size of shop space is approx 490 square metres.

Ground floor - 1 bedroom apartment, located behind the shops, fully furnished, fitted kitchen and bathroom. Approx size 90 square metres (963 square feet).

First floor - 2 bedroom apartment, fully furnished, fitted kitchen and bathroom, balcony. Approx size 105 square metres (1123.5 square feet).

Second floor - 2 x 3 bedroom apartments, fully furnished, fitted kitchens and bathrooms with balconies. Approx size 245 square metres (2621.5 square feet) each.

Second floor - 2 bedroom apartment, fully furnished, fitted kitchen, and bathroom, balcony. Approx size 105 square metres (1123.5 square feet).

Total size of the plot of land on which the building is situated is 1363 square metres (14584 square feet). We currently achieve a rent of around 6000 Euros a month for all of the above.

This is a family owned building/business which we are selling due to poor health and our desire to return back to the UK.

We feel that this would make an ideal purchase for a large business with interests in Cyprus as the building is easily accessible from Paphos airport and surrounding areas. Please feel free to email us with any questions.

Property information

Real Estate:

Real Property Included

Premises details:

Total size of the plot of land on which the building is situated is approx. 1363 square metres (14584 square feet).

Business Operation

Expansion potential:

Can be used for many businesses from a car showroom, supermarket, warehouse storage to an import/export business ect or simply as a great investment for leasing out the individual apartments, shops and basement.

Reasons for selling:

We are selling due to poor health and our desire to return back to the UK.

Years established:

15