VillaType
Estates-22327Reference

About this property

Price Reduced from 800,000 Euro to 650,000 Euro

A 725 m² plot is available for sale in the Agios Pavlos area of Paphos. The property is situated in a well-established and rapidly developing neighbourhood, next to a park, with easy access to Paphos town centre and close to all essential amenities, including schools and shops.

The property already has a reinforced concrete structural frame in place, providing an excellent foundation for further development and offering great flexibility for future use. There is potential to develop the property into apartments, while the front section has planning permission for a commercial shop, which can also be converted into an apartment, depending on the buyer's requirements.

This is an ideal opportunity for residential or investment development, with permission to build up to two storeys and a building density of 100%.

An excellent opportunity for investors or families looking for a property with construction already underway and multiple development possibilities.

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Details

Reference: Estates-22327
Type: Villa
Status: For Sale
Price: €650,000
Land: 725 m²
District: Paphos
Listed: 14 November 2026

The figures

Worked out from this listing and the others on the site today.

Similar homes are advertised to rent at about €3,200 a month

The middle asking rent of 41 like it in Paphos. At this price that is 5.9% a year before costs, tax and empty months.
Work out the return
About €2,230 a month with a mortgage

On a loan of €455,000 (a 30% deposit of €195,000), repaid over 25 years at 3.3%. An illustration: your bank sets the rate and what it will lend.
Change the figures
About €22,600 in transfer fees

If it is a resale bought in one name; two buyers, half each, pay about €19,200. A new property sold with VAT pays VAT instead of transfer fees. There is no stamp duty since 2026. An estimate from the official scale.
Work out the costs