Prime Commercial Development Site in Paphos City Centre – 2,288m² - Published

Agios Theodoros, Paphos

Plot

2288 m²

Overview

Reference: 31268
Category: Commercial
Property type: plot
City: Paphos
Furnished: No

Description

Exceptional commercial development opportunity in the heart of Paphos. Situated on one of the city's busiest commercial avenues, this freehold property comprises a 2,288m² plot currently improved with several retail units, to be delivered with vacant possession upon transfer. The asset benefits from dual planning zones, offering significant redevelopment potential for investors, developers, and institutional buyers seeking a landmark mixed-use or commercial project in a prime city-center location. Planning Characteristics Total Land Area: 2,288m² Planning Zones: Πα6 – 16% Building Density: 180% Coverage: 70% Εα4 – 84% Building Density: 160% Coverage: 50% Freehold Title Vacant Possession on Transfer Main Road Frontage High Visibility Location Established Commercial Area Development Potential The property's strategic location and favorable planning parameters make it suitable for: Grade A office development Mixed-use commercial scheme Retail and office complex Medical center or clinic Educational facility Corporate headquarters Showrooms and business center Hospitality-related development (subject to planning approval) Investment Highlights ✓ Prime city-center location ✓ High traffic exposure ✓ Strong redevelopment potential ✓ Large freehold landholding ✓ Suitable for owner-occupiers and developers ✓ Rare opportunity to acquire a substantial commercial site within central Paphos For details or viewing please contact our office.