€4,900,000 $5,135,768
Fox Smart Estate Agency Limassol
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Pay in USD and save up to $179,752Key features
- Listing ID: 1158716 (L_100273)
- Plot: 11372 sqm
Description
This unique square shape plot of land located in the tourist resort are of Pegia, Paphos, appeals to be a high return choice for a potential strategic investor in Paphos, Cyprus.11.372 sq.m, building density: 45% + 20%( Cyprus Gvt Incentives for tourist investments), 20% coverage ratio, and flexible floor allowance so as to take advantage of the bonus building density, for erecting a luxury 4 star hotel.Paphos, attracts the great majority of country's incoming tourism, more than 40%. Paphos district, enjoys islands' first place in absolute numbers of 5 and 4 star hotels due to the high quality of tourism attracted, attributed to the holiday resort and the spectacular countryside nearby characteristics.Unique investment opportunity for buying strategically positioned land to erect a 4 star hotel in the cosmopolitan holiday resort tourist area of Pegia, Paphos.
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