For Sale : Shop - Kato Paphos - €1,950,000
This property is a large retail space formerly used as a supermarket on the ground floor of the building “Sunwaves Centre Block 1” in Agios Theodoros area of Paphos.
It comprises of six adjoined shops with a combined area of c. 1818sqm. The area consists of a 1,017sqm ground floor, a 105sqm mezzanine and a 696sqm basement. The asset enjoys the exclusive use of 12 parking spaces and uncovered areas at the front and rear of the property.
The immediate area of the asset comprises of residential developments, while the nearby Tomb of the Kings Avenue consists of commercial and touristic development with shops, restaurants, hotels and hotel apartments. In the nearby area more properties can be observed. Tomb of the Kings Avenue also provides great accessibility to the rest of Paphos city.
The asset falls within two planning zones:
- Eβ with building density coefficient of 140%, coverage coefficient 50%, in 3 floors and a maximum height of 11,3m.
- Kα5 with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m.