Mixed-Use Development Plots in Geroskipou

Prime Mixed-Use Development Opportunity | Geroskipou, Paphos

A rare development proposition comprising two adjoining plots with complementary commercial and residential zoning, ideally suited for a mixed-use project in a central Geroskipou location, positioned approximately 750 metres from the Paphos Municipality boundary.

The properties occupy a highly visible and prominent position, benefiting from excellent road connectivity to Paphos city centre, the seafront, Paphos International Airport, and the Limassol motorway.

Development Concept

Front Plot (Commercial). Direct exposure onto Archbishop Makarios III Avenue with approximately 25 metres of frontage. Ideally suited for a 3-storey commercial building featuring ground-floor showroom and/or retail use, with office accommodation on the upper floors.

Rear Plot (Residential). Well positioned for a 3-storey residential development over pilotis, providing covered parking at ground level and apartments with covered verandas above.

Unified Basement Parking. A key investment advantage lies in the potential for a single basement parking solution serving both plots, enhancing land efficiency, improving layout flexibility, and strengthening overall project IRR and developer margins.

Key Planning Data

• Total Land Area: 1,125 sq.m.

• Approx. Enclosed Buildable Area: 1,350 sq.m. + 20% covered verandas

• Frontage on Makarios III Avenue: Approx. 25 m

• Plot A (Front): 493 sq.m. | Commercial Zone EB | 120% density

• Plot B (Rear): 632 sq.m. | Residential Zone Ka4 | 120% density

• Title Deeds: Clean, ready for immediate development planning application

Investment Highlights

Prime arterial frontage on one of Geroskipou's main commercial axes

Dual-zoning structure allowing both commercial yield and residential depth in a single project

Walking distance to administrative, retail, and educational amenities

Strong rental demand from the growing Paphos catchment, both local and international tenants

Full development brief and indicative financial feasibility available upon qualified enquiry