Two Approved Residential Units in Universal, Paphos | Development Potential
Universal, Paphos
Asking Price €625,000
Set in Universal, Paphos, this property is unusual for a city location: Τwo entirely separate living areas sit on one plot.
The arrangement suits buyers seeking a substantial family home close to the centre of Paphos, multi-generational living with a high degree of privacy between the two households, or an owner-occupied residence alongside a secondary unit with separate rental potential.
The main residence provides generous open-plan living and dining areas, supported by a main kitchen and a separate kitchenette. Its split-level arrangement places the bedroom section several steps above the principal living area, while the rear of the house opens onto an elevated terrace positioned away from the street.
The separate two-bedroom unit is located on the southern side of the building and benefits from its own entrance and internal layout. Renovation works were started within this part of the property but remain unfinished and will need to be completed by the new owner.
The property may appeal to buyers seeking a substantial family home in a central Paphos location or accommodation for two generations with increased privacy.
The property sits within a short distance of AUB Mediterraneo University and the main services of the city, in a fully developed residential part of Paphos.
The property retains unexhausted building density which a new owner may be able to make use of, subject to confirmation. A certified area schedule and confirmation from the Town Planning Department would be required to establish the extent.
The property is sold as one ownership. The two units are not separately titled. Each has its own entrance and internal layout, but any question concerning legal separation must be independently verified by the buyer's lawyer.
Approved architectural drawings are available on request. Photographs are for illustration and marketing purposes and may have been digitally enhanced. The property's appearance, contents and condition may not be exactly the same at the time of viewing.
Disclaimer
All property information is provided for general marketing purposes and may change without notice. VAT treatment and reduced-VAT eligibility, title-deed process, planning and building-permit status, delivery date, specifications, payment terms and availability must be independently verified before any reservation or contract signing. Estimated delivery is subject to construction progress, authority requirements and contractual terms. All measurements, areas and location distances are approximate. Photographs and renderings are for illustration only.