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For Sale: Prime Commercial Real Estate in Downtown Paphos
Discover a remarkable investment opportunity with this three-storey mixed-use building for sale in the vibrant area of Agios Theodoros, Paphos. Spanning an impressive 785 square meters, REA Court 1 is strategically located on Markantoniou Vragadinou Street, just 300 meters from the well-known Stelios Kyriakides Stadium (Pafiako) and a mere 100 meters from Agios Spyridonas Elementary School. This prime location ensures high foot traffic and accessibility, catering to both commercial and residential needs.
The property boasts a versatile layout, featuring a retail shop on the ground floor, a rented mezzanine space, and four residential apartments (two studios and two one-bedroom units) on the upper floors. Currently, one studio and two of the apartments are occupied, providing immediate rental income. The building is complemented by a spacious basement of 303 square meters, ideal for storage or additional commercial use.
With a total land area of 821 square meters, this building includes 98 square meters of covered verandas and a well-designed layout that optimizes space. The energy classification for the shop is rated at Class D, while the apartments fall under Class E, highlighting their operational efficiency.
Conveniently situated near essential amenities and with easy access to Paphos city center, this property is an excellent choice for investors seeking a mix of commercial and residential opportunities. The area offers open-air parking facilities, electrical heating systems, and reliable internet services. Don’t miss out on this chance to secure a prime property in one of Cyprus’s most picturesque locations. Contact us today for further details! Object ID: 124376.
Discover a remarkable investment opportunity with this three-storey mixed-use building for sale in the vibrant area of Agios Theodoros, Paphos. Spanning an impressive 785 square meters, REA Court 1 is strategically located on Markantoniou Vragadinou Street, just 300 meters from the well-known Stelios Kyriakides Stadium (Pafiako) and a mere 100 meters from Agios Spyridonas Elementary School. This prime location ensures high foot traffic and accessibility, catering to both commercial and residential needs.
The property boasts a versatile layout, featuring a retail shop on the ground floor, a rented mezzanine space, and four residential apartments (two studios and two one-bedroom units) on the upper floors. Currently, one studio and two of the apartments are occupied, providing immediate rental income. The building is complemented by a spacious basement of 303 square meters, ideal for storage or additional commercial use.
With a total land area of 821 square meters, this building includes 98 square meters of covered verandas and a well-designed layout that optimizes space. The energy classification for the shop is rated at Class D, while the apartments fall under Class E, highlighting their operational efficiency.
Conveniently situated near essential amenities and with easy access to Paphos city center, this property is an excellent choice for investors seeking a mix of commercial and residential opportunities. The area offers open-air parking facilities, electrical heating systems, and reliable internet services. Don’t miss out on this chance to secure a prime property in one of Cyprus’s most picturesque locations. Contact us today for further details! Object ID: 124376.
City
Пафос (центр)
Country
Cyprus
Region
Пафос
Infrastructure
Location from the city
within city limits
Object characteristics
Property type
Resale Real Estate
Purpose
Commercial real estate
Общая площадь
785
Payment terms
Payment by installments
Yes
Territory
Closed territory
No
Parking
Open-air
Safety
Secured territory
No
Features of the property
Heating System
Electricity
Internet | Wi-Fi
Есть
Advantages
Online showing available
Yes
View characteristics
Sea view
No
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