Residential Land - Ref. No. 49660
For Sale
€4,500,000 For Sale
Anavargos Paphos
Residential Land
- Bedrooms
- Covered
100575m² Plot


Property Features

Airport: 30 min drive
Beach: 15 min Drive
Golf: 15 min Drive
Mountain views
Sea views
Town: 15 min drive


Description

The assets comprise eleven fields located in Anavargos, Paphos, in close proximity to Paphos General Hospital and Mesogis Avenue. The properties benefit from excellent accessibility to local amenities, services, and the wider highway network. The combined land area of the fields is approximately 100,575 m². Parcels 31 and 18 are held at a 96% ownership share each. The properties fall within a combination of residential and protection planning zones, namely Κα9/Δα1/Δα2. An application for a planning permit has been submitted for the subdivision of the land into 44 residential plots, creating an opportunity for the development of a high-quality residential project. According to the subdivision plan, the proposed development comprises 44 residential plots (Plots 1–44), with a total residential plot area of approximately 34,890 m² and an average plot size of approximately 793 m² per plot. The applicable planning parameters for the residential zone include a building density coefficient of 40%, a coverage ratio of 25%, a maximum allowance of 2 floors, and a maximum building height of 10 metres, subject to the approval of the relevant planning and building authorities.