We are delighted to offer a rare and valuable investment opportunity in one of Cyprus’s most prestigious and high-demand areas—Kato Paphos. This expansive freehold commercial plot, covering 15,506 square meters, is ideally located in the heart of a thriving tourist and commercial district, offering exceptional development potential and long-term value.
Planning Zone: Τ1β (Tourist Zone – T1b)
Affected Percentage: 100%
Building Density: 50%
Coverage Ratio: 25%
Maximum Floors: 3
Maximum Building Height: 13.5 meters
These parameters allow for a well-balanced and sizeable development of up to 7,753 sqm of buildable area, with flexible design options across three floors.
Located in the heart of Kato Paphos, a bustling commercial and tourist area
Close proximity to beaches, the Paphos Harbour, historical attractions, restaurants, and high-end hotels
Excellent road frontage and accessibility, with high visibility and foot traffic potential
A few minutes from Paphos city center and key transport links including the international airport
This plot presents multiple avenues for high-yield, future-proof investments:
1. Hospitality Development
Given its location within Tourist Zone Τ1β, the plot is ideally suited for the construction of:
Boutique hotels or luxury resorts
Serviced apartments or aparthotels
Lifestyle and wellness retreats
With the increasing number of tourists visiting Paphos year-round, hospitality ventures here can generate significant ROI through both seasonal and long-term bookings.
2. Mixed-Use Commercial Projects
The plot offers flexibility to develop a combination of:
Retail and dining outlets on ground floors
Offices, co-working spaces, or residential units on upper levels
This setup can generate diversified revenue streams while meeting local and visitor demand.
3. Long-Term Rental Investment
Development of high-spec office or retail space targeted at international brands, banks, or service providers can ensure stable long-term rental yields.
4. Capital Appreciation
Land in Kato Paphos, especially in tourist-zoned areas, continues to appreciate due to limited availability and ongoing urban development. This plot offers substantial capital growth potential over time.
With full planning permissions aligned with the T1β zone, prime location advantages, and a broad spectrum of potential uses, this 15,506 sqm commercial plot represents an exceptional opportunity for local and international developers and investors seeking to establish a presence in one of Cyprus’s most dynamic regions. Secure your position in the future of Paphos with this landmark development opportunity.
For more information and to schedule a viewing, contact us.
Feel free also to call us via phone at +35799207000.