Commercial for sale
Polis Chrysochous, Paphos, Cyprus
£2,809,876 *
[€3,380,000]
Full Description
This asset is an incomplete residential development in Polis Chrysochous, Paphos.
The masterplan of the project will comprise of 95 maisonettes. Onsite only one maisonette is completed while another 37 maisonettes are incomplete. The construction of the remaining maisonettes was never initiated. The warehouse and parking spaces of an adjacent supermarket are also part of the asset.
All maisonettes have an area of 84sqm and comprise of an open plan living/dining room and kitchen and a guest toilet on the ground floor and two bedrooms and a bathroom on the first floor.
The surrounding area of the property comprises of residential developments and undeveloped parcels of land that enjoys good accessibility.
The asset falls within residential planning zone Kα6, with a building density coefficient of 90%, coverage coefficient of 50%, 2 floors and a maximum height of 10m.
THE PRICE IS SUBJECT TO VAT.
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