€120,000 [Ref. No. R39755]

Paphos, Timi
Town House
Resale
€1,395 per m²
2 Bedrooms
1 Bathrooms
Build: 1995
Covered: 86m²
Plot: 162m²

FOR SALE - €120,000 - REF NO. R39755

2 Bedroom Town House in Paphos, Timi

This asset is a two-bedroom house in Timi, Paphos.

The asset is adjacent to Kallitheas Street, c. 330m southwest of Limassol - Paphos motorway and c. 800m southeast of the center of Timi village.

The asset has an area of 86sqm and consists of an open plan living/dining room with a kitchen and a guest toilet on the ground floor and two bedrooms and a bathroom on the first floor. The house has an exclusive right of use of a paved yard and an uncovered parking space.

The wider area of the property comprises of residential developments and enjoys easy access to the motorway.

The asset falls within planning zone H3, with building density coefficient of 60%, coverage coefficient 35%, in 2 floors and a maximum height of 8,3m.

Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 02/10/2020.

All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.


Air Conditioning
Double glazed windows
Guest Toilet
No VAT
Private parking (uncovered)
Title deeds available
Unfurnished
Please note that property locations are approximate

Timi

Between 2018-2019 there were 19 sales of resale properties in Timi. This is mainly a residential area with more detached villas and some townhouses rather than apartments. Prices usually for villas range from 180,000 EUR up to 250,000 EUR and for townhouses around 100,000 EUR. Rent in this area is still a 22% lower than that of the city centre making it enough reason to believe that it will slowly but steadily become higher in demand. This could make it a great investment opportunity as it is still very near Paphos and most would happily oblige to rent out long term.   General Info: Timi village sits between Mandria and Anarita Village about 16km eas...


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