Commercial Land For Sale In Agios Theodoros, Pafos, Cyprus ( 651 Sq.m) (651 sq.m) 651m²

Commercial Land for Sale: Prime Location in Paphos We are pleased to offer an exceptional commercial land opportunity located in the heart of Paphos, Cyprus. This prime 651 m² plot is situated in the Agios Theodoros quarter, an area known for its vibrant commercial activity, high visibility, and accessibility. The land is ideally suited for commercial development, offering significant investment potential. The property spans 651 m² and is classified as a commercial plot with parcel number 820 and registration number 26804. It is registered under Block 2 in the Paphos district, within the Agios Theodoros quarter, and falls under the Εβ5 planning zone. The location, known as Mosfilin, is centrally positioned, ensuring easy access to surrounding amenities and major roads. The land benefits from a density factor of 1.2, allowing for a buildable area of up to 781.2 m², and a coverage ratio of 0.5, which allows for a maximum coverage of 325.5 m². With a height limit of 13.5 meters, the property permits up to three floors of construction, offering flexibility for a variety of commercial or mixed-use developments. The property has been consistently valued by the Department of Lands and Surveys, with a general estimation value as of January 1, 2021, at €341,400, and a slightly higher valuation in 2018 at €348,300. The land’s square meter price is €661, providing an excellent opportunity for developers seeking to capitalize on the growing demand for commercial space in Paphos. Given its location within the Εβ5 planning zone, the land is well-suited for a wide range of commercial developments, including retail spaces, office buildings, mixed-use complexes, or hospitality projects. The development potential combined with the area’s increasing commercial activity presents a unique opportunity for investment in a dynamic and expanding market. The property is fully compliant with all zoning regulations and is legally registered with the Department of Lands and Surveys. Complete documentation is available upon request for interested parties. For more information or to schedule a viewing, please contact us: We look forward to assisting you with your investment and development needs.