Prime Development Opportunity in Paphos (7312)

Priced at €5,200,000 +VAT

Seize the chance to invest in a premier mixed-use development site in the vibrant center of Paphos. This expansive 8,430 m² plot offers substantial potential for both residential and commercial projects. The strategic location, combined with favorable zoning regulations, makes this an exceptional opportunity for developers.

Property Details

Location: Paphos, Agios Theodoros Parish | Total Area: 8,462 m² | Zoning Categories: Ka5 (84%), Eb5 (16%)
Development Plan: Paphos Local Plan

Development Potential

Buildable Area: Up to 15,770 m², with a possibility to reach 7-8 levels depending on verting.

Density:

Residential Zone (Ka5): 100% building density, 50% coverage, 3 floors, 13.5m height
Commercial Zone (Eb5): 120% building density, 50% coverage, 3 floors, 13.5m height

Features
Type: Mixed-use (Residential and Commercial)
Access: Registered road with one side frontage
Topography: Level with the road
Shape: Irregular
View: Regular
Environment: Adjacent to a green area
Obstacles: None
Nuisances: None
Highlights

Strategic Location: Situated in the heart of Paphos, offering easy access to amenities, services, and public transportation.

Investment Potential: Ideal for a mixed-use development, catering to the increasing demand for residential and commercial spaces in Paphos.

Environmental Benefit: Proximity to a green area enhances the living and working environment.

This prime plot is perfectly poised for a significant development project. Whether you're planning to create luxurious apartments, commercial spaces, or a blend of both, this property offers the flexibility and potential to bring your vision to life.

For more details or to schedule a site visit, please contact us.