Incomplete Residential Development in Polis Chrysochous, Paphos

€3.380.000

For Sale

Property ID

No. of Bedrooms

41592

5

Build Area

No. of Bathrooms

0m2

0

Land area

19.499m2

Incomplete Residential Development in Polis Chrysochous, Paphos

€3.380.000

For Sale

Property ID

No. of Bedrooms

41592

5

Build Area

No. of Bathrooms

0m2

0

Land area

19.499m2

Description

This asset is an incomplete residential development called "C & N Village" in Polis Chrysochous, Paphos.

The asset is adjacent to the Polis - Argaka road, c. 320m east of Apostolos Andreas church and c. 800m south of the sea.

The masterplan of the project will comprise of 95 maisonettes. Onsite only one maisonette is completed while another 37 maisonettes are incomplete. The construction of the remaining maisonettes was never initiated. The warehouse and parking spaces of an adjacent supermarket are also part of the asset.

All maisonettes have an area of 84sqm and comprise of an open plan living/dining room and kitchen and a guest toilet on the ground floor and two bedrooms and a bathroom on the first floor.

The surrounding area of the property comprises of residential developments and undeveloped parcels of land that enjoys good accessibility.

The asset falls within residential planning zone Kα6, with a building density coefficient of 90%, coverage coefficient of 50%, 2 floors and a maximum height of 10m.

THE PRICE IS SUBJECT TO VAT.

Reg. No.: 0/10169 (20108/22743 share)

EPC: Not Applicable

All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

Additional Details

District Paphos
Area/Village Polis
Type House
Vat Plus Vat
Title deed No
Furnish Unfurnished

Location

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