2210m2 Commercial property in Paphos, Cyprus No. 65873

2 210 sq.m.

Square

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Property Description

Discover an unparalleled investment opportunity in the very heart of historic Old Town Paphos. We are delighted to present a magnificent building, a truly rare offering that promises exceptional potential for visionary developers, astute investors, or those seeking to establish a landmark presence in one of Cyprus's most vibrant and culturally rich cities.

This impressive property, spanning a substantial 2210 square meters, stands as a testament to strategic location and vast development scope. Situated in the sought-after Old Town district of Paphos, you are not just acquiring a building; you are securing a prime piece of Paphos's soul, surrounded by charming pedestrian streets, burgeoning boutiques, vibrant cafes, and historical landmarks. The area has undergone significant regeneration, making it a highly desirable destination for both locals and tourists, ensuring high footfall and robust commercial viability.

Key Features that elevate this extraordinary offering:

Exceptional Size: With 2210 sq.m. of generous space, this building presents an expansive canvas for diverse ventures. Envision a luxury boutique hotel, premium residential apartments, state-of-the-art office spaces, a prestigious retail complex, or a dynamic mixed-use development that capitalises on the bustling Old Town atmosphere. The sheer scale allows for ambitious projects limited only by your imagination.

Valuable Parking Facilities: A true premium and a rare find in any historic city centre, the inclusion of dedicated parking ensures unparalleled convenience and adds significant value, catering effortlessly to residents, clients, or guests. This feature greatly enhances accessibility and market appeal, setting it apart from other properties in the area.

Modern Elevator Access: The building benefits from an integrated elevator, providing seamless accessibility across all levels. This modern amenity is crucial for commercial viability and residential comfort, ensuring ease of use for all occupants and futureproofing your investment.

Prime Old Town Location: Paphos Old Town is not merely a geographical point; it's a thriving cultural and commercial hub experiencing continuous growth and investment. Its proximity to key amenities, historical sites, the municipal market, and the main bus station makes this location strategically advantageous for any enterprise. Enjoy stunning city views, the charming ambiance of traditional Cypriot life, and the dynamic energy of a renewed urban centre.

This is more than a property; it's a strategic asset in a rapidly appreciating market. Paphos continues to attract international investment, tourism, and a growing expat community, underscoring the long-term capital growth potential of this unique offering within the European Union.

Priced at €11,000,000, this building represents a singular opportunity to acquire a substantial footprint in an irreplaceable, high-demand location.

Seize the moment to shape the future of Old Town Paphos. We invite serious inquiries and private viewings to truly appreciate the magnificent scale and unparalleled potential of this exceptional property.