Residential Land - Ref. No. 49021
For Sale €750,000
€750,000 For Sale
Paphos Town Paphos
Residential Land
- Bedrooms
- Covered
1151m² Plot


Property Features

Airport: 30 min drive
Beach: 15 min Drive
Golf: 15 min Drive
Town: 5 min drive
Town: Walking distance


Description

A prime residential development opportunity located in the municipality of Pafos. The property comprises a 1,151 sq.m. parcel situated within planning zone Κα5, offering strong development potential in a well-established urban area. The plot is 100% affected, with approved planning parameters as follows: density 1, coverage 0.5, allowing construction of up to 3 floors with a maximum height of 13.5 meters. These regulations support an efficient mid-rise residential scheme with strong buildable volume relative to land size. Importantly, the property benefits from an existing planning permit and approved architectural plans for 9 apartments, streamlining the development process and significantly reducing project lead time and planning risk. This is an attractive opportunity for developers seeking a ready-to-build residential project in a desirable area of Pafos, suitable for modern apartment living or investment-driven rental accommodation.