Building for sale in Paphos Town, Paphos

Description

Modern 4 level building for sale in Paphos Town. Erected on an individual plot with existing separate Title Deed. The property is serviced with an elevator and an abundance of parking spaces all around the plot. The plot area: 629m². Total rentable area 969m².

Situated just 200 meters from the main highway system that connects all cities, airports and ports. 

• 1 minute from Debenhams Mall
• 1 minute from Plus supermarket
• 3 minute from General Hospital
• 0 minutes from Private Hospital
• 1 minute from Sports Stadium
• 3 minutes from Government Offices and Courts
• 10 minutes from the Paphos International Airport

Ground floor shops consists of 7 individual shops currently open plan and boasts a mezzanine level. The total ground floor area is 303sqm and the mezzanine 165sqm. Currently rented to a leading Kitchen/Bedroom manufacturer, tenants for the last 4 years.

The first floor area is a total of 303sqm including a covered balcony. This office space is rented to a Construction/Development company. 

The second floor office area is 198sqm plus there are 80sqm of uncovered balconies. This level is rented to a world renowned international tour operator active in Cyprus since 1970.

Purchase of this building offers a guaranteed rental income for 3 years at 5% NET per year. 

INCLUDED IN THE PRICE IS A FULL EXTERIOR REFURBISH WITH NEW FACADE.  

Kato & Pano Paphos- Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district. Paphos is broken down into two parts Kato Paphos (lower) and Pano Paphos (upper). This is a vibrant city full of the hustle and bustle of local life with plenty of restaurants, tavernas, bars and nightlife. Paphos was selected as a European Capital of Culture for 2017 and has undergone an exciting regeneration program. The Old Centre of Paphos is visually pleasing with many historic colonial buildings which house the areas government institutions.

Purple Real Estates are fully registered and licensed with the Cyprus Real Estate Association. PURPLE is home to some of the finest properties in Cyprus.   With offices in Famagusta, Larnaca, Paphos our ample portfolio is sure to contain something for everyone. We have a wide range of property to meet any budget and can assist you whether  you are looking for a permanent residence, holiday home or an investment property. 

From your first contact with Purple you’ll be assigned to a specific sales consultant. One whom we feel is appropriate for your needs. Many members of PURPLE speak excellent English, Russian and Greek, so language will never be an issue. Your Sales Consultant will always be on hand to help you and guide you through the buying process, answering any questions and provide you with anything you may request, for example:

Independent advice and recommendations on legal services

Liaising with property developers, throughout the construction period if the purchase is off plan

Getting quotes for any additional works that you’ve asked for from trusted suppliers

Guidance with property rental opportunities

Be there for any problems that may arise

PURPLE will be there from start to finish!