FOR SALE - €655,000 NO VAT - REF. NO. APR37692
For Sale Mixed-use Building - Pomos - Paphos
The property is a mixed-use building located in a very attractive location in Pomos in Paphos District.
It is located approximate 1.7km northeast of the community center and only few meters away from the beautiful beaches of the area.
The building is two-storey and it was constructed around the year 1995 .
consist of :
- Restaurant on the ground floor and six flats on the upper floor (2 studios and 4 one-bedroom flats).
- The ground floor restaurant is 300sqm and the area of the 1st floor is 300sqm
- Outside there are uncovered parking space, garden, storage, outdoors dining area and toilets.
- The property enjoys a nice sea view.
The building situated on a beachfront field with total area of 4,251sqm that is falling within the Protection Zone (Z1) with maximum building density of 6%.
It is noted the current area of building exceeds the allowed building density of the property.
In addition, the property does not have the necessary permits from the relevant local authorities.
It is noted that the property is occupied.
An Excellent Investment Opportunity