Retail premises for sale in Tombs Of The Kings, Paphos, Cyprus
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Property description
This is a unique opportunity to purchase a significant 17,002 sqm piece of real estate in the heart of the tourist centre of Paphos, Cyprus. Located within walking distance from the sea, and the famous ‘Tombs of the Kings’- unesco World Heritage Site.
86% in Ka7 planning zone, allowing 0.8 density, 0.45 coverage and 2 floors to a height of 10 metres.
14% in Eβ planning zone, with a density of 1.4, a coverage of 0.5 and 3 floors to a height of 11.3 metres.
There is an agreed building coefficient. Details on application.
Protected views as situated directly in line with historic site Existing built project of 122 apartments in 8 two-story blocks on the premises. The existing facade includes a restaurant and 10 shops. The condition of the existing built project is distressed and envisioned to be appropriate for full re-development.
Prime tourist location
title deeds available
walking distance to beach
significant potential
protected views
fully prepared for sale
sale agreements in place between owners
Property location is approximate. Please contact the agent for further details.
For more information about this property, please contact
D Maratheftis West Coast Ltd, on +44 330 038 9582 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by D Maratheftis West Coast Ltd, and do not constitute property particulars. Please contact D Maratheftis West Coast Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.