Incomplete Residential Development for Sale Located in Polis Chrysochous Paphos

Incomplete Residential Development for Sale Located in Polis Chrysochous Paphos

This incomplete residential development is situated in Polis Chrysochous, Paphos, offering potential for a large-scale residential project in a tranquil and desirable area.

Located 320 meters east of Apostolos Andreas church and approximately 800 meters from the coastline, providing easy access to both local landmarks and the sea.

The development is designed to include 95 maisonettes. To date, only one maisonette has been fully completed, while 37 others are at various stages of construction. The remaining maisonettes are yet to be initiated, presenting an opportunity for further development.

Additionally, the asset includes warehouse space and parking facilities associated with an adjacent supermarket.

Each maisonette spans 84 sqm and features a well-thought-out layout. On the ground floor, residents will enjoy an open-plan living and dining area, a modern kitchen, and a guest toilet. The first floor offers two spacious bedrooms and a family bathroom, perfect for families or couples.

The property is surrounded by both residential developments and undeveloped land, contributing to its peaceful atmosphere while still benefiting from good access to nearby amenities.

This asset falls within the residential planning zone Kα6, which allows for a building density of 90%, a coverage coefficient of 50%, and a maximum building height of 10 meters over two floors. This provides flexibility for completing the existing units or potentially adding new elements to the development.

THE PRICE IS SUBJECT TO VAT.

Area Overview:

Polis Chrysochous is a charming coastal town known for its natural beauty, relaxed lifestyle, and proximity to key services. The area offers a blend of traditional village life and access to modern amenities, including shops, cafes, and schools. With its proximity to the sea, it’s an ideal location for those seeking a coastal lifestyle.