Plot for sale
Paphos, Paphos, Cyprus
£4,381,820 *
[€5,100,000]
Full Description
High-Density Building Plot with Commercial Road Frontage for Sale in Paphos
Located in Paphos, this expansive building plot offers high building density, mixed-use suitability and frontage on Eleftheriou Venizelou Avenue, a Category 3 commercial road. The plot also has access from Alexandrou Papagou Avenue and Sotiri Papalazarou Street, and sits close to the main road leading to the motorway, government buildings, schools, a hospital and clinics, and shopping areas.
Property Features:
Land Area - 8,462 m²
Frontage on Eleftheriou Venizelou Avenue (Category 3 commercial road)
Access from Alexandrou Papagou Avenue and Sotiri Papalazarou Street
Close to the main road leading to the motorway
Close to government buildings, schools, hospital and clinics, and shopping
Development Potential:
High-rise buildings of approximately 8 floors permitted under the Local Plan
Building density may increase by 25% under current development incentives, and by up to 50% subject to conditions
This plot presents an opportunity for developers and investors considering a large-scale mixed-use project in Paphos. Its land area, high building density and commercial road frontage provide a strong basis for assessing a suitable design, subject to confirmation by the relevant planning authorities.
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