Residential plot for sale in Paphos

This asset is an under-division plot (No.2) in Prodromi, Polis Chrysochous, Paphos.

The asset is located c. 1,7km southeast of Latsi fishing shelter, c. 1,5km west of Polis Chrysochous center and c. 820m south of Polis Municipal Beach.

The asset has an area of 750sqm and will benefit from a road frontage along a registered road.

It has sea view and it's 1 km from the Latchi beach.

Construction works have almost been completed and COFA has been issued (Guarantee submitted to the municipality for the minor works associated with the green area element of the project). Pending procedural matter include COFA for EAC substation, final demarcation by topographer and title deeds issuance.

Title deed presents the sole owner of the property and describes the asset as field.

Permits: Planning Permit
Planning Permit ΠΑΦ/887/2011 for land division into 13 plots
Renewal of Planning Permit ΠΑΦ/887/2011 for land division into 13 plots. Condition was provided for applying for modified permit with new drawings
Modification Planning Permit ΠΑΦ/887/2011/A for land division into 12 plots (Modified drawings)

Land Division Permit COFA issued & guarantee in place for minor pending works
Land Division Permit Δ12/2012 (no. 563) for land division into 12 plots (Expiry date 19/09/2019)
Renewal Land Division Permit Δ12/2012 (no. 563) for land division into 12 plots (Expiry date 19/09/2021)
COFA No 573 for file no Δ12/2012

EAC Substation: Pending issuance of COFA
Building Permit B11/2019 (no. 3396) for EAC substation
Purchase Agreement ΠΩΕ/699/2020 for EAC Substation

The immediate area comprises of undeveloped parcels of land as well as some scattered residential and touristic developments. The wider area of the asset includes middle class houses and unutilised parcels of land.

The asset falls within residential planning zone Κα9 with 40% building density, 25% coverage, 2 floors and a maximum height of 10m.

THE PRICE IS SUBJECT TO VAT.

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