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Price reduced from 1,200,000 to 1,100,000
This project is located on the edge of Timi village and it is only 500 meters from Paphos airport, which makes it an ideal investment opportunity to convert the building into a small Boutique Hotel or apartments. There is not another hotel this close to the airport.
5 mins drive to 3 golf courses and it is a popular area for road cycling competitions.
The current property has a restaurant with kitchens, store rooms, toilets, which has permissions to convert this into 4 apartments.
The upper floor has 3 X 2 bedroom apartments with balconies and sea views.
Basement area 106m2 which could be converted into a gym/ children's play area.
Included in this price there is an additional plot of land next to this 1,034m2
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