For Sale : Residential Land - Polis - €1,280,000

This asset is a field in Polis Chrysochous, Paphos.

The asset is located c. 250m south of the sea front, 350m from the Nicky - Stratis Holiday apartments and 500m northeast of the Polis Chrysochous - Latsi road.

The field has a total area of 15,051sqm, an irregular shape, flat even surface and offers distant sea view.

The property has the potential to be covered by all utility services (water, telecommunication and electricity).

The immediate area comprises of touristic developments such as holiday houses, hotels and shops as well as undeveloped parcels of land.

The asset falls within touristic planning zone Τ3δ1 with the following parameters:

-For hotels building density coefficient of 30%, coverage coefficient 20%, in 2 floors and a height of 10m.
-Touristic villages building density coefficient of 25%, coverage coefficient 20%, in 2 floors and a height of 10m.
-Houses building density coefficient of 20%, coverage coefficient 20%, in 2 floors and a height of 10m.

Owner: Tebasco Properties Ltd

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