€ 4 000 000
€ 5 714 / sqm
+ VAT
700m2 Commercial property in Paphos, Cyprus No. 61345
700 sq.m.
Square
Q4 2026
Completion date
Parameters
Property Description
Positioned at the very top of a prominent building in Pano Paphos, this entire 7th floor presents a rare opportunity to create a landmark asset with uninterrupted panoramic views across the sea, city and mountains.
An exceptional and truly rare opportunity to acquire the entire 7th floor of a prominent commercial building in Pano Paphos, offering approximately 1,300 m² of prime, flexible space with uninterrupted panoramic views spanning the sea, city, and surrounding mountains. Approx. 700m2 covered area and the remainder made up of covered and uncovered verandas.
Positioned at the pinnacle of the building, this full-floor acquisition presents a unique proposition for high-level investors and developers seeking to create a flagship asset in one of Paphos’ most strategically located districts.
Offered in shell condition, the space provides complete flexibility in design and use. The floor can be configured as luxury penthouse residences, premium office headquarters, or a mixed-use combination tailored to market demand — allowing for multiple value creation strategies and exit options. Permits currently exist for office space but residential permits can be acquired.
The property benefits from direct lift access and is supported by over 20 designated covered parking spaces, a significant advantage for both residential and commercial end users.
Key Investment Highlights:
Entire 7th floor – approx. 1,300 m² of adaptable, covered and uncovered space
Uninterrupted panoramic sea, city, and mountain views
Prime elevated position within an established commercial building
Suitable for luxury residential, corporate offices, or mixed-use development
Over 20 covered parking spaces included
Lift access directly serving the floor
Offered as shell – full design and specification flexibility
At an asking price of €4,000,000, this opportunity represents a compelling entry point for investors to create a landmark development with strong resale, leasing, or hybrid income potential.
Whether positioned as a collection of high-end penthouses, a signature corporate headquarters, or a blended scheme, the asset offers the scale, location, and flexibility required to deliver a premium end product in a supply-constrained market.
Opportunities of this scale and positioning are rarely brought to market.
Further information, concept layouts, and financial projections available upon request.
Features
Mountain view
Sea view
Double glazed windows and balcony doors
Balcony
Solar panel for water heating
Elevator
Statistics
€ 3 890
Price per sq.m.
181
Quality of Life Index
54
Cost of Living Index
Choose a city for comparison
Parameters
Paphos
Rent Per Month
Apartment (1 bedroom) in City Centre
€ 1 017
Apartment (1 bedroom) Outside of Centre
€ 875
Apartment (3 bedrooms) in City Centre
€ 1 863
Apartment (3 bedrooms) Outside of Centre
€ 1 671
Buy Apartment Price
Price per square metre in the city centre
€ 3 890
Price per square metre outside the city centre
€ 2 229
Data are provided by Numbeo.com and are based on its users survey. Cyprus-Real.Estate can not guarantee the validity of these data.