1 bedroom house
House
1 bed
Features and description
- 1 bedroom
Set in the prime location of Kato Paphos, close to the historic harbour area and seafront, this classic building boasts five units with two floors as well as covered and uncovered parking spaces. The ground floor lends itself to multiple uses with individual units suitable as shops such as a kiosk/cava and each unit has toilet facilities. The larger commercial area could be utilised as a restaurant or cafe as it benefits from a kitchen together with storage and toilets. The upstairs areas would be suitable for storage or office space. This property is perfect for any investor looking for property to renovate with a view to long term rentals, having the potential to generate excellent returns, either as a whole or individually. Alternatively, buyers could take advantage of the opportunity to redevelop the large plot as a business with a view to maximising their investment given the central location at the heart of the tourist area. 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 Town of Paphos is visually pleasing with many historic colonial buildings which house the area's government institutions.
About this agent
Chestertons - International
34th and 35th Floors, Al Maqam Tower, Maryah Island
Abu Dhabi, United Arab Emirates, P.O. Box
35665
020 8022 7145Chestertons has over 30 offices spanning across London, our highly knowledgeable and experienced sales and lettings teams provide maximum market exposure for every property. Whether you are looking to buy, sell or rent Chestertons property experts are here to help. • We have 500 of some of the best trained and most experienced property specialists in the country, with our local teams often living in the area that they work in so have a genuine knowledge and expertise of their patch. • Established long-standing relationships with potential buyers across London and in key global markets. Chestertons has access to the best buyers and has developed unique processes to expedite the conveyancing process and ensure a smooth selling process • Dedicated corporate department that helps place tenants on behalf of some of the world's largest companies. • Chestertons has one of the largest networks of offices in central London. This gives us access to a large database of contacts from across the capital, enabling us to better match properties to the right people.