€160,000 [Ref. No. R40306]

Paphos, Geroskipou
Residential Plot
€278 per m²
Covered: 576m²
Plot Zone: Kα5
Building Density: 100%
Covering Factor: 50%
Max floors: 3
Max Height: 13,50 m

FOR SALE - €160,000 - REF NO. R40306

Residential Plot in Paphos, Geroskipou

The plot is located in c. 700m east of Neapolis area and 950m south of Paphos football stadium.

The asset has an area of 576sqm and benefits from c. 23m road frontage along a registered road.

The immediate area of the asset comprises of residential developments.

The property falls into residential planning zone Kα5 with 100% building density, 50% coverage, 3 floors and a maximum height of 13,5m.

THE PRICE IS SUBJECT TO VAT.

Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 05/02/2021.


Plus VAT
Title deeds available
Please note that property locations are approximate

Geroskipou

This area is mostly inhabited by locals and prices here tend to be a little lower than the center of Paphos. We find that what is mostly sold here is apartments, in the year 2018-2019, 57 apartments have been sold, while detached villas was only a fraction of that number in the same time frame. This is a convenient location being so close to schools, the airport, the beach, and many restaurants. The value for money buying or renting an apartment in this area could be considered better as size for a one-bedroom apartment is about 10-15% bigger than what it would be coming closer to the Kato Paphos. This is a place that is still very close to the bu...


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