Have to disagree with you here, Dom. Yes, your picture of a Water Tower up in Polemi is the real McCoy- a Water Tower, agreed!
Analyzing pic #2 in the OP, the Tower you queried is almost slap bang centre of screen. Below it is a construction camp, with site portacabins for offices, canteen, loos, etc.
The large 'reddish' area above it is the building site for the new Limnaria Club, and new Limnaria residential area. I think that this is some kind of 'temporary' water supply, possibly pumped in by regular water tankers, just for the site camp, maybe?
Far left (upper) you can see the original West wing of the Aloe Hotel. Go directly right from there to the next hotel, and you see the Paphos Beach Hotel. (Much favoured by tourists in the 80's and 90's, but now sadly shunned since it was pretentiously 'made over' into the 'designer'
Almyra hotel, to attract yuppies)
The coastal gap in the photo, between those two hotels is now filled by the Alexander the Great Hotel, just to the East of where the Limnari watercourse flow out to the Med. It opened in the early 1990's and I had a very nice B&B stay there..
Bottom right corner of the photo, snaking up to the left of the Paphos Beach Hotel is the Limnaria river itself. Developments to the right (West) of this in Kato Pafos after 1974 were hurried and rushed, bypassing Planning and also Antiquities... From 1992 onwards, I used to stay regularly at the Theaseas Hotel Apartments (which I can pinpoint in the 1988 photo as approx 50% Vertical and 60% Horizontal in this pic).
The owners, Despo and Phideas, told me that when they were building the (then) main road from that area up away from the coast, past their newbuild Theseas, the builders rushed into her reception desk shouting "Despo, ella ella!". She knew most of these lads from school, where she used to teach. They led her down into the new roadworks right outside her front door, down into catacombs (previously untouched, with corpses still in there).
The following day, the whole area had been back-filled, left for prosterity, and the new noisy road appeared... At least the AtG Hotel preserved one of the ancient coastal catacombs they uncovered during their build, for guests and coastal walkers to astonish at (unlike the Council, outside the Theseas!)
And finally... the bottom third of this amazing 1988 photo #2 from the OP! Below Dom's suspect water tower is a large red-roofed two storey house on a HUGE area of land!
This is the Donkeys, Horses, Dogs, Sancturary, surely? Been there many times, plus donated many Cy£10 notes on my visits. Not to mention the Tombs of Apollo there (a pile of rocks...) Is this still ongoing and ALIVE, or has Le*tos grabbed this land back, and evicted all the smashing voluntary folks who ran this place 24/7 for many years, along with all the animals they care for?
Cheers- AL

Gone but not forgotten...