For Sale : Commercial Land in Paphos, Anavargos
For Sale €900,000 Ref. No.: P8794

€900,000 [Ref. No. P8794]

Paphos, Anavargos
Commercial Land
Plot: 1620m²
Building Density: 135%
Covering Factor: 50%
Max floors: 5
Max Height: 13.5m

Features
Airport: 20 min drive
Beach: 15 min Drive
Extra Large Plot (700m2+)
Golf: 10 min Drive
Mountain views
Sea views
Title Deeds
Town: 5 min Drive

Description

The property is located in the Municipality of Paphos at No. 10 Aristoteli Savva Avenue, Paphos, and close to the General hospital approximately 100 m from the new round-about, with easy access to all main roads.

PHYSICAL CHARACTERISTICS:
The plot has an elevation difference from the South West side, giving it spectacular views towards Paphos town and the distant sea line, also offering beautiful mountain views to the North Easterly side of the property.

GEOGRAPHICAL CHARACTERISTICS AREA:
This adjoining road to the site is the main access to this area which acts also as the central access to the following areas:
• The commercial districts of Demokratias Avenue, Ellados avenue and the central commercial area of Anavargos
• The main general hospital of Paphos
• Access to five main schools
• The district post office
• The new EAC (AHK) head offices
• Many residential buildings, shops and shopping malls
• The new shopping center (restaurant, cafeteria, cinema, etc) and the many that are under construction.

Town Planning Information/zoning:
• Zoning EB – Category 3
• Building factor 100% (+35% incentives for selected roads and large single development)
• Maximum coverage 50%
• Floor Elevations 3 * Floor elevations (Have been added 2 extra floors + loft/mezzanine and basement).
• Build Height 13.50m (The build high is increased depending)
• Plot size 1620m2

Within the plot there is currently an existing house with total covered area of 220m2 and adjoining a shop of 50m2 covered area including the relevant paperwork and certificate of completion.

This plot is ideal for:
Commercial hub, cafeterias, restaurants, shops, offices, private school, apartments, clinics, banks, showrooms, etc.