HUGE SEASIDE PLOT SUITABLE FOR A HOTEL & OTHER TOURISM AND REAL ESTATE RELATED PROJECT
Location: Latchi Paphos, Cyprus
A unique opportunity to purchase a huge landscaped plot of prime location land, just 130 meters from the beach, in one of the most beautiful and most sought out investment locations in Latchi Paphos.
Property for Sale:
A prime location, vast size beach land consisting of 10 large plots in total. Land Registry numbers of plots is as follows:
Plot Titles No: 43, 289, 290, 291, 292, 293, 294, 358, 359, 362
Total size of all plots: 50,878 m2
The building factor of the Land comes under Building zone Τ3α that permits a building factor of 30%.
The total size will be reduced to permit Green Areas and perhaps for access road or a foot path. Estimated loss of buildable land is estimated at approximately 15%-20% of total m2 so building area may be reduced to approximately 40,000m2
Separate title deeds for all plots have been issued and the land is ready for development, subject to approved plans by the local Municipality either for a Tourist Resort, A Casino Resort, a Luxury Hotel or a Complex of luxurious Villas.
Anassa Hotel, seen above is one of the most exclusive and most luxurious Hotels on the island and it is virtually next to the plots on offer, an indication of the popularity and exclusivity of the area.
The size of the land and its proximity to the beach offers a number of lucrative investment opportunities either for a single grand project akin to a Hotel or a Tourist resort or a combination of luxury residential units and a smaller Boutique type Hotel…the opportunities and choices are immense and the location absolutely superb!
- Perhaps the biggest plot on the beach available
- Exclusive prime location
- Huge in size offers a choice of possible projects
- Rear opportunity to built an exclusive Hotel or Tourist resort
The Land Registry has a total Valuation of all 10 Plots at €12,207,000, as assessed in 2013!
Considering how conservative the Land Registry is with valuation of land we believe that a sale price for this exclusive land set at €15,000,000 (for all 10 plots) reflects favourably with today’s market prices and the enormous potential this superb plot offers.
Our office has been instructed and given the exclusive task to promote this prime piece of land with all the great potential it offers to investors and Companies in the Hotel and Tourist industry at large.
Local and Overseas enquiries from serious bona fide parties welcome in full confidence.
For overseas enquiries please also note that we are available 7 days a week plus we offer a range of additional services that an overseas investor or Company may require like:
- Collection from the Airport
- Hotel Reservation
- Independent Professional Advice
- All Real Estate Related Services
- All legal Related Services
- Arrange Banking facilities
- Company Registration
- Cyprus / EU Citizenship & Passport by Investment
- A-Z Planning for any Residential or Commercial project
- Dealing with Construction of any project
- Acting as your Proxy fully or for specific tasks
All non in-house services are offered through a shortlist of reputable professional associates.
For more information and viewing arrangements call with no obligation 7 days a week or email us anytime.
Greek & English Tel: + (357) 99 66 66 88 / Russian: + (357) 99 86 23 12
Viber & WhatsApp Calls accepted
Price: €15 million + Vat
“© ALL RIGHTS RESERVED: Any un-authorized re-print or use of this material is strictly prohibited. No part of this text copy or photographic material may be re-produced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system without express written permission from the author/publisher.