Details

This is a unique opportunity to purchase a significant 17,002 sqm piece of real estate in the heart of the tourist centre of Paphos,Cyprus. Located within walking distance from the sea, and the famous ‘Tombs of the Kings’- UNESCO World Heritage Site.

86% in Ka7 planning zone, allowing 0.8 density, 0.45 coverage and 2 floors to a height of 10 metres. 

14% in Eβ planning zone, with a density of 1.4, a coverage of 0.5 and 3 floors to a height of 11.3 metres.

There is an agreed building coefficient. Details on application. Protected views as situated directly in line with historic site Existing built project of 122 apartments in 8 two-story blocks on the premises. The existing facade includes a restaurant and 10 shops. The condition of the existing built project is distressed and envisioned to be appropriate for full re-development.

PRIME TOURIST LOCATION

TITLE DEEDS AVAILABLE 

WALKING DISTANCE TO BEACH

SIGNIFICANT POTENTIAL

PROTECTED VIEWS

FULLY PREPARED FOR SALE

SALE AGREEMENTS IN PLACE BETWEEN OWNERS