600m2 Building in Paphos, Cyprus No. 61352

A Landmark Investment Opportunity in the Heart of Paphos Old Town

Presenting an exceptional off-plan development opportunity in one of the most sought-after locations in Paphos Old Town. Ideally positioned close to the government offices and surrounded by the area's vibrant mix of cafés, restaurants, boutiques, and cultural attractions, this mixed-use project is designed to deliver both strong rental returns and significant capital appreciation.

The development will comprise commercial retail space on the ground floor, up to nine stylish studio apartments with private balconies, and an exclusive top-floor penthouse complete with its own private swimming pool. Elevated above the town, the penthouse will enjoy breathtaking panoramic sea views, offering a truly luxurious lifestyle experience in one of Cyprus’s most characterful urban settings.

The studio apartments are perfectly suited to the growing demand for short-term and long-term accommodation in the centre of Paphos, appealing to professionals, digital nomads, and tourists alike. The ground-floor retail unit adds another income-generating component, while the signature penthouse provides a premium resale or rental asset that will stand out in the local market.

Offered at €2.6 million, this project represents a rare chance to secure a high-quality mixed-use development in a prime central location with multiple revenue streams and outstanding upside potential.

Whether you are an experienced developer, investor, or visionary entrepreneur, this is an opportunity to create a landmark property in the historic heart of Paphos.