Commercial for sale
Tombs of the Kings, Paphos, Cyprus
£1,668,949 *
[€1,950,000]
Full Description
This Assets are ideally located being within easy walking distance to the most famous road, ‘Tomb of the Kings’ where an array of facilities can be found, all within a minutes’ walk.
Tombs of the Kings is famous for many entertainment places like bars, restaurants, traditional taverns, shops and other all within a walking distance to the beach, KIngs Avenue Mall and few minutes from the Old Paphos Town and Harbour.
The asset comprises of six adjoined shops with a combined area of c.1818m².
The area consists of :
1,017 m² ground floor
105 m² mezzanine
696 m² 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.
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