A rare and highly attractive investment opportunity offering a diversified income stream, strong rental appeal, and substantial built‑up areas. This mixed‑use development combines residential units, commercial spaces, and leisure facilities, making it ideal for investors seeking a high‑yield asset in a thriving location.
A well‑balanced mix of units designed to appeal to both long‑term tenants and holiday renters:
- 5 Studios
- 9 One‑Bedroom Apartments
- 6 Two‑Bedroom Apartments
The variety of layouts ensures broad market appeal, consistent occupancy, and flexible rental strategies.
🛍️ Commercial Component – 11 Shops
A strong commercial frontage offering excellent visibility and multiple income‑producing units:
- 8 Shops – each with 38m² ground floor + 18m² mezzanine
- 1 Shop – 35m² ground floor only
- 1 Large Shop – 180m² ground floor + 140m² basement
- 1 Large Shop – 120m² ground floor
The combination of small, medium, and large retail spaces allows for a diverse tenant mix and stable commercial income.
🏊 Communal Pool & Outdoor Areas
The development includes a 500m² pool area, enhancing the appeal of the residential units and creating a resort‑style environment that attracts both holidaymakers and long‑term tenants.
📐 Title Deed Covered Areas
A substantial building with extensive covered and uncovered spaces:
- Basement: 148 m²
- Ground Floor: 925 m²
- Covered Pergola: 125 m²
- Uncovered Shop Areas: 40 m²
- Middle Floor / Mezzanine: 160 m²
- Middle & 1st Floor: 488 m²
- Balconies: 134 m²
- Corridors & Stairs: 90 m²
- 2nd Floor: 488 m²
- House (3 studio apartments + storage): 120 m²
- Pool Area: 500 m²
A total footprint that reflects the scale, versatility, and long‑term value of the asset.
🌟 Investment Highlights
- Mixed‑use building with 31 income‑producing units
- Strong rental demand for both residential and commercial spaces
- Ideal for long‑term leasing, holiday rentals, or repositioning as a boutique complex
- Communal pool enhances residential appeal
- Large commercial units suitable for anchor tenants
- Extensive covered areas and flexible internal layouts
- Opportunity to modernise, upgrade, or rebrand for increased yield
💼 Ideal For
- Portfolio investors
- Developers seeking a repositioning project
- Hospitality operators
- Long‑term income investors
- Buyers seeking a high‑yield, multi‑unit asset with strong capital appreciation potential
This is a rare opportunity to acquire a substantial mixed‑use building offering scale, flexibility, and exceptional income potential, a standout asset in the Paphos market.