€ 1 190 000

€ 992 / sqm

1200m2 Commercial property in Timi, Paphos, Cyprus No. 62188

1 200 sq.m.

Square

Q4 2023

Completion date

Parameters

Property Description

A rare opportunity to acquire a brand-new, high-quality industrial warehouse in Timi, Paphos, positioned on a generous 5,916 sqm leasehold plot. This never-used facility offers a turnkey solution for a wide range of commercial and industrial uses, from logistics and manufacturing to storage and distribution.

The lease is for 33 years, with two automatic renewals, providing a total leasehold duration of 99 years—ideal for long-term strategic planning.

Strategically located with excellent access to major road networks and just minutes from Paphos International Airport, this asset is designed for operational efficiency and future scalability.

Asking Price: €1,190,000
Location: Timi, Paphos
Plot Size: 5,916 sqm
Internal Area: 1,200 sqm
Title Deed Available
Built to excellent quality standards, the warehouse is completely new and has never been occupied. With a building density of 90% and coverage of 50%, the property offers ample opportunity for expansion—whether by extending the current warehouse, constructing a second unit, adding additional parking, or developing other auxiliary facilities.

Ownership is via a company, allowing for a smoother, faster transaction through share transfer, which can be completed immediately, offering efficiency and potential tax advantages to the buyer.

This is a high-potential industrial asset in one of Paphos’ most accessible and strategic locations—perfect for investors or businesses looking for immediate functionality with room to grow.

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1200m2 Commercial property in Timi, Paphos, Cyprus No. 62188

1200m2 Commercial property in Timi, Paphos, Cyprus No. 62188

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