Development Opportunity – Two-Touristic plots in Kato Paphos, Paphos
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Auction
- Lot 6
- Cyprus
- Land/Site
- Commercial
Sold for €799.000
Property Summary
- Two regular shaped plots zoned “T6ε” Touristic.
- Extending to approx. 1.067 sq. m.
- Potential for a mixed-use development (subject to obtaining all necessary consents)
- Vacant possession.
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Property description
- 2 adjoining plots, regular in shape zoned “T6ε” Touristic.
- Road frontage of approx. 45 m. along their western boundaries
- We are informed that the subject property extends to approx. 1.067 sq. m
Location
- The plots are situated at Kato Paphos parish, Paphos Municipality, in Paphos district, under Land Reg. No. 0/3310 and 0/3312.
- Properties are adjacent to Iasonos street along their western boundary having a total road frontage of approx. 45 m.
- Properties are located approx. 150 m. east of the Municipal parking lot, approx. 300 m. west of the Spyrou Kyprianou Avenue and approx. 260 m. north of Almyra 5 Star Hotel.
- The immediate area consists of a mixture of residential developments such as houses and blocks of apartments as well as some commercial properties such as shops and restaurants.
Tenancy
- Vacant Possession.
Zoning
- The properties fall within the "T6ε" Touristic Zone which allows for 50% building density, 25% building coverage, 3 floors and up to 13,50 meters height.
Accommodation
The land was not inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:
- Site area extending to approx. 1.067 sq. m.
- Interested parties are recommended to undertake their own inquiries to confirm property measurements.
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*Terms & Conditions
Islanders Estate Agencies Ltd (as a licenced Estate Agent), T/A BidX1 Cyprus Sales, Registration No. 1251, Licence No. 625/E. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
