Land for sale
Geroskipou, Paphos, Cyprus
£7,048,458 *
[€8,000,000]
Full Description
Presenting this residential field with a total area of 52.456 m², ideally located in the highly desirable Geroskipou area of Paphos, offering an excellent investment opportunity.
Situated just a 10-minute drive from Paphos city center and the beach, the field benefits from a registered road, providing easy access to all essential amenities. Its prime location makes it highly attractive for both residential and mixed-use developments.
The property is situated within two residential zones. The Ka5 zone allows a building density of 100% and coverage of 50%, permitting the construction of a three-floor building, while the Ka7 zone allows a building density of 80% and coverage of 45%, permitting the construction of a two-floor building.
Due to its size and zoning flexibility, this field offers a wide range of development possibilities. It can be developed as specialized clinics and diagnostic centers, including supporting facilities such as pharmacies and other health-sector uses. ?t is also suitable for residential complexes, residences, commercial buildings, schools, student housing, universities, churches, and more.
This property represents an exceptional opportunity for investors and developers seeking to capitalize on the growing demand in one of Paphos’s most vibrant and accessible areas.
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