Three Shops in Coral Bay, Pegeia, Paphos

Located on the ground floor of a well-maintained complex in the heart of Coral Bay, these three shops present a rare and highly flexible investment opportunity in one of Pafos’s most desirable areas. The units are currently commercial, each featuring a mezzanine, a kitchenette, and a WC, can legally be converted into residential apartments, providing exceptional potential for short-term rental income or holiday accommodation. The area of the three stores individually is 74, 74 and 149 sq. m., they are sold all together, the terms of separate purchase is discussed with the owner, offering flexibility for investors with different strategies. Coral Bay is a unique part of Pafos, known for its sandy beaches, clean waters, and relaxed lifestyle. Unlike other areas, there are very few apartment complexes, as most properties are villas and holiday resorts, making this location especially attractive for both commercial and residential purposes. The units benefit from high visibility, easy access, and proximity to restaurants, cafés, and local amenities, ensuring a strong appeal to tenants or customers. Whether purchased as commercial property or converted into residential units, this opportunity combines reliability, flexibility, and long-term value in one of the island’s most sought-after seaside locations.