Residential building for sale in Paphos

MIXED USED BUILDING:

2 x Shops
4 x Apartments

OFFICIAL VALUATION AVAILABLE:

A recent professional valuation (€830,000) has been conducted by a certified evaluator to justify the sale price. Available upon request for serious buyers.
Reduced from €740.000 to €650.000 - Non-negotiable (Maybe subject to VAT)

PROPERTY OVERVIEW:

4 X Three-Bedroom Apartments: One apartment is currently under construction.
2 x Ground-Floor Shops: Ideal for commercial use.
1 x Large Basement: Suitable for storage or additional use.

PLOT DETAILS:

Total Plot Size: 586 sqm.

CONDITION:

The building was constructed using high-quality materials and remains structurally strong for its age. However, renovation is to bring it to modern standards.

FINAL APPROVALS & TITLE DEEDS:

The building has been granted building permits, but there is no final approval or separate title deeds for the individual apartments and shops.
Buyers will need to reapply for any building adjustments they may wish to implement.

RESERVATION FEE:

5% to secure the property.

PAYMENT SCHEDULE:

40% upon signing the sale contract and depositing it at the Land Registry (handled by the sellers legal representative).
Remaining balance due before or upon Title Deed transfer.

LOCATION HIGHLIGHTS:

Saint Pavlos, Paphos.
Centrally located in a sought-after neighborhood, ideal for both residential and commercial ventures.

TITLE DEEDS:

Owner's name.

INVESTMENT OPORTUNITY:

This property offers significant potential for residential and commercial purposes, strategically located in Saint Pavlos, Paphos. With upgrades and final permits, its a prime opportunity for buyers looking to invest in the heart of the city.
This is an excellent investment opportunity, ideal for residential or commercial purposes, in the heart of Saint Pavlos, Paphos.