Sb2408 paphos sea front

Paphos district, Paphos — Tombs Of the Kings
Posted: 02.01.2019 05:03 Ad ID: 1880504
  • Reference number: 43476
  • Condition Resale
  • Type Building

Investment proposal Description: The complex is situated in prime location in Kato Paphos, at the west side of the town near the Tombs of the Kings. It is only 1 km from the city center, the beach, the Paphos mall and 3 km from Paphos harbour. The complex consists of 2 blocks, a block of 36 residential apartments and a commercial block with a restaurant and a night club. The complex is designed and built with all legal requirements to obtain licence to use as a holiday apartments/hotel for the residential part, and to operate a Restaurant and a night club for the commercial part. The complex has also additional building density to use; for the residential part 364m² and for the commercial 329m². Facts: Location: Cyprus - Kato Paphos – Tombs of the Kings road. Residential complex: 36 units – (24 one bedroom apartments + 12 studio apartments) Commercial Units: Restaurant + Basement with Night club Special notes: The complex has no swimming pool but there is an option to purchase the green area (400m²) for approximately €150,000 to include a swimming pool. The complex is registered on a company; therefore it can be purchased as a company by one or many investors on a shares basis. (Transfer fees are also exempt) There’s NO mortgage on the complex.


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Posting since feb, 2017 Other ads from this seller

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Agent license no.: 249

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3.500.000 Verified account
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Posting since feb, 2017

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