Apartment 521 m² Timi, Cyprus

Timi, Cyprus, Koinoteta Times

$1,51M

$2,897/m²

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ID: 3656558

In CRM: 24283

ID of the ad on the website or in the company’s CRM

Last update: 30/10/2025

Location

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Country

Cyprus
Region

Paphos District
City

Koinoteta Times
Village

Timi

Property characteristics

Apartment parameters

Price per m²

$2,897/m²
Bathrooms

3
Total area

521 m²

Interior details

Interior Features:

Furnitured

Description

Here is an excellent investment opoortunity in Timi, Paphos district a comprehesive package comprising two residential lands and a strategically positioned building in seperated land, ready for development. Location: Conveniently situated just 15 minutes from Paphos town and 25 minutes from Limassol Marina , this property boasts easy access to amenities and attractions. Building features: Land: The building sits one a residentia land meauring 857m2 , in H3 zone with building density of 60% and 35% coverage, up to two floors allowance at a height of 8.3m. Restaurant : A spacious restaurant occupies the ground floor, spanning 317 m2 and complying with EU regulations. Basement: The property includes a substantial basement of 106m2 ideal for storage or versatile use. Apartments: Upstairs , three charming two-bedroom apartments, covering 225 m2 and featuring balconies with stunning views. Residential lands: Adjacent to the property is a generous plot measuring 3724m2 , offering ample space for expansion or additional developments. The second land behind the property, spans 1034 m2 , both boasting a H3 zone with building density of 60% and 35% coverage, up to two floors allowance at a height of 8.3m. Proposed ideas: Hotel apartment complex : Utilize the adjacent land to develop a hotel apartment complex with 48 units , incorporating the existing restaurant into the set up. Family friendly restaurant: Enhance the restaurants appeal by adding a playground area, catering to families. Consider converting top floor into employee accommodation for operational efficiency. Act now: Seize this opportunity before its gone - offers must be submitted by March 19th to secure your stake in this lucrative deal!!!

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Timi, Cyprus, Koinoteta Times

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