Field with Unutilised Building Density in Kathikas, Paphos

This asset is a touristic field part of the unified development “Wine Country Estates” in Kathikas, Paphos. The asset is located c. 495m west of the Pegeia – Polis Chrysochous road and 915m west of the centre of Kathikas village. The asset totals 2,030sqm, has a smooth sloping surface and benefits from 32m road frontage and 830sqm of unused registered development rights. The immediate area comprises of undeveloped parcels of land and scattered residential developments. The asset has the potential to be covered by all utility services (water, electricity and telecommunication). The property falls into touristic planning zone Τ3δ5 with the following parameters: - For hotels 15% building density, 15% coverage, 2 floors and a maximum height of 8,2m. - For touristic villages 20% building density, 15% coverage, 2 floors and a maximum height of 8,2m. - For houses 25% building density, 15% coverage, 2 floors and a maximum height of 8,2m. THE PRICE IS SUBJECT TO VAT.: 0/12442 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice