HUGE SEASIDE PLOT SUITABLE FOR A HOTEL & OTHER TOURISM RELATED PROJECTS IN PAPHOS CYPRUS

Pafos,

€12,000,000

 |  MLS # 420

Sold
Property Information

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%.

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, 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!

In Brief:

  • 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 €12,000,000 (for all 10 plots) is an extremely attractive price – considering also the investment potential this superb plot offers!

Our office has been instructed and given exclusive instructions 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, locally and abroad.

Local and Overseas enquiries from serious bona fide parties welcome in full confidence.

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: €12 million + Vat – New Reduced Price!

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