Residential, 1070m2

Charming residential Building for Sale in Saint Pavlos, Paphos, Cyprus(12 Bedrooms) This charming and well-constructed building, situated in a prime location, offers a fantastic investment opportunity. Boasting four spacious 3-bedroom flats, one of which is still under construction, and two versatile ground-floor shops, this property presents significant potential for both residential and commercial use. The building also includes a large basement, providing ample storage or further development options. The plot, measuring 586 SQM, is accompanied by a title for the land, offering peace of mind for any potential buyer. While the flats and shops do not yet have final approval or separate titles, the building does have the necessary building permits in place, and the buyer will need to complete the required procedures to adjust the building accordingly. With a generous covered area of 1,070 SQM, this property offers a wealth of space for its future owner to utilize including both covered and uncovered parking. Constructed with high-quality materials, the building has stood the test of time, remaining structurally sound for its age. A renovation would be highly advisable to unlock its full potential and modernize the space to meet current standards. Offered at a competitive price of 740,000 Euros, VAT is under consideration. This is an incredible opportunity to invest in a property with great promise. For more details or to arrange a viewing, please don’t hesitate to contact us today!