Commercial Property Conversion in Cyprus

Paphos, 2019

 

On behalf of an investment consortium, Navigator developed an investment concept and detailed financial model for the conversion of a 6-storey retail mall into modern office and coworking space. Located in Pafos, the project offered a high profitability because property prices in Pafos continue to lag those of Limassol and Nicosia.

 

Our commercial property investment services included:

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• Site visit and analysis to determine better use of existing and potential space;

• Development of an office management and co-working space concept;

• Elaboration of area for business support services;

• Planning of a fitness and wellness centre;

• Planning of restaurant and catering options serving property residents and external guests;

• Detailed financial planning;  

• Development of an integrated financial model for commercial property;

• Investment structuring taking into account Cyprus funds law;

• Communications and negotiations with potential commercial property investors in Cyprus.

 

This investment is one of the most profitable commercial property opportunities in Cyprus. For further information, please contact us.