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Commercial premises in a hillside complex in Geroskipou, Paphos

Property status: Project delivered
Location: Cyprus, Paphos, Geroskipou (the Eastern suburb of Paphos, few minutes drive)
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The premises occupy the commercial part of a large residential community set on a hillside in the eastern suburb of Paphos, a few minutes from the city and close to the village main square and its ancient spring. The location works for business on several levels at once: the surrounding community brings its own residents, the area is an established touris...

The premises occupy the commercial part of a large residential community set on a hillside in the eastern suburb of Paphos, a few minutes from the city and close to the village main square and its ancient spring. The location works for business on several levels at once: the surrounding community brings its own residents, the area is an established tourist destination, and the Neapolis Smart Eco City development sits nearby. A bus stop is directly across the street, and parking is plentiful.

The commercial range includes shops, offices, restaurants and bars, which makes the scheme suitable both for owners starting their own venture and for investors buying to lease. Premises look out over the fertile plains and the Mediterranean, and the surrounding grounds — landscaped gardens, stone paving, large sun terraces and a communal swimming pool — give the whole address the feel of a resort rather than a commercial strip.

Underfloor heating is installed where applicable, which is uncommon for commercial space in this segment and keeps the premises comfortable year-round. Air conditioning is fitted throughout, and interiors follow the same principle as the residential part of the community: open, light-filled spaces that adapt easily to different uses.

The main features of the project and the units:

  • Underfloor heating (where applicable)
  • Air conditioning throughout
  • Mediterranean sea views
  • Shops, offices, restaurants and bars
  • Ample private parking
  • Communal swimming pool
  • Landscaped gardens and stone paving
  • Large sun terraces
  • Open, light-filled interiors
  • Residents’ Club Membership
  • Safe and friendly area

The project has an EPC certificate with "B" energy efficiency rating.

Area & Prices
R1 - Restaurant
Area: 566 m2
€ 860,000 no VAT
Inside Area: 462 m2
Covered Veranda: 104 m2
Price per sq.m: € 1,519

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S3 - Shop
Area: 86 m2
€ 119,000 no VAT
Inside Area: 72 m2
Uncovered Veranda: 14 m2
Price per sq.m: € 1,384

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S4 - Shop
Area: 84 m2
€ 180,000 no VAT
Inside Area: 72 m2
Uncovered Veranda: 12 m2
Price per sq.m: € 2,143

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