€3,800,000 [Ref. No. P8682]

Paphos, Polis
Residential Land
Plot: 13,378m²

FOR SALE - €3,800,000 - REF NO. P8682

Residential Land in Paphos, Polis

A magnificent opportunity to purchase a fabulous piece of land in a sought after sea front location in Polis with stunning sea and mountain views.

The plot is 13378 squared meters and most suitable for:-

A)  Small Hotel - B/D 30%

B) Tourism Project - B/D 20%

C) Private Homes - B/D 15%

There is a height restriction of 10 meters and entitled to two floors

The plot is served nearby with water, electricity and telephone.

Water front plots are limited in Polis and have become difficult to obtain because of the zones and protected areas making the area even more desirable and sought after.

The plot has Title Deeds.


Beach: Walking distance
Extra Large Plot (700m2+)
Mountain views
Sea Front
Sea views

Polis

Buying here is about 15-20% lower in price than Paphos town and proves to be very popular for the larger plots, making it a great option for value of your money. It is a very popular holiday home destination and could act as a great investment in the times the homeowner is not using it by it being possibly rented out to tourists.    From the beginning of 2018 until mid 2019, 33 apartments have been sold in the whole of Polis area and 25 villas, and 8 townhouses, while we expect to see even more with its popularity being on the rise.  The average price for a villa there is €214.000 and or apartments the average is about €8...


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