Land in Agios Tychon, Cyprus, 6 350 m²

A Prime Agios Tychonas Plot with mesmerizing unobstructed sea views, with a regular shape and one of the last plots of this size on the area – Ideal for Investors as the the Planning & Division permit obtained for 5 plots of 833㎡ and one of 711㎡, will save the investor both money and years of waiting. This permit can easily and quickly be modified to the requirments on the potential investor and the plot is essentially ready for instant development.

Additionally, 340 sqm have been transferred to the specific plot from a nearby plot, which means only 10% of the total surface area needs to be allocated for green space instead of the initially planned 15%, which adds up the surface of the plot to 6670 sqm.

The asking price is €4,800.000. We are willing to sell 3 out of the 6 plots which will divide the plot in half, for half the price (€2,400,000). In this case we the owners will undertake the costs of dividing the plots and creating the infrastructure as indicated on the planning and division permit.

Ideal for

Unified development for 10 houses

Ultra luxurious Big Villas with tennis courts etc.

Advantages

Planning and division licenses obtained – ready for development!

Newly build neighborhood with luxury villas

Large plot of almost 7,000 m2

Mesmerizing unobstructed see views

Regular level shape enabling full utilization of its ground and with minimum ground works required

The view cannot be obstructed as it is elevated from the bordering plots

Expected that it building density will increase to 50% within 2026

Characteristics:

• A remarkable piece of land with Planning & Division permit obtained for 5 plots of 833㎡ and one of 711㎡.

• Could consider selling a number of plots only ( minimum 3). In this case we will undertake the cost of diving the plots

• Both internal and external divisions have already been made and received certificate for executed works.

• Plot ready for development with all permits.

• The permit can be easily modified to accommodate a single luxury villa or for a single- phase development which can accommodate much more houses.

• Transferred 340㎡ from another plot of land to be deducted from the existing plots required green area. Therefore the actual size of the property adds up to 6670㎡.

• With a register road .

• Luxurious Neighbourhood with newly built houses.

• Amazing sea views.

• Just 1.1 kilometres from the Beach.

• Conveniently Located 425m from the Highway, easily reachable with plenty of options to avoid morning traffic.

• Zoned H5

• Building Density: 30%

• Coverage: 20%