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A 25% undistributed share of a plot extending to about 314sq.m out of 1,254sq.m. in total. Within the plot there is a ground floor house and ancillary buildings.
The property is primely located within the urban city center area of Paphos, where high demand for such properties exists. Plots of similar size and town planning parameters are ideal to be turned into large contemporary residential buildings.
The asset is located approx. 450m from the motorway.
The property falls within Zone ΚΓ3, with a building coefficient of 140%, coverage of 50%, and permission for 3 floors (13.5m) of construction.
Noted that there is no distribution agreement in Place.
Noted also that the house is occupied.
GPS coordinates: 34.773706 32.430042
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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