€ 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.

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700m2 Commercial property in Paphos, Cyprus No. 61345

700m2 Commercial property in Paphos, Cyprus No. 61345

Features

Location

Mountain view

Sea view

Features

Double glazed windows and balcony doors

Balcony

Solar panel for water heating

Indoor facilities

Elevator

Covered parking

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