Commercial apartment building in Paphos, Cyprus, 674 m²

• Incomplete residential development in Geroskipou municipality of Paphos District, at approximately 650 meters east of the Town Hall and 100 meters (approx.) north of the Arch. Makarios Avenue III. Share for sale: 3/5.

The property is situated close to all necessary amenities and services. In addition, it enjoys good access to the neighboring communities and municipalities.

Within the parcel (total land area of 2,342sqm) there are in total 9 two-storey maisonettes/semi-detached houses. Available for sale is 7 maisonettes (3 units of three-bedroom & 4 units of two-bedroom) with No. H1, Η1, Μ2, Μ3, Μ4, Μ5, Μ6 and Η8.

The maisonettes are almost identical and consist of the ground floor of an open plan living-dining room with kitchen and a guest toilet, while on the first floor there are two/ three bedrooms, a bathroom with a toilet and a covered veranda. It is noted that that the maisonette M6 has a private swimming pool which constructed only the structure frame (retaining wall).

The buildings are in advance stage of construction as the concrete structure, brick walls, flooring are completed and external aluminum door/ windows are installed.

Three-bedroom maisonettes has internal area that varies from 115sqm to 119sqm plus covered veranda of 10sqm.

Two-bedroom maisonettes has internal area of 81sqm plus covered veranda of 10sqm.

Total area of all units: 674sqm.

It is noted that the development has a Planning Permit.

The property has acquired a distribution agreement. The maisonettes for sale corresponds to the 3/5 share of the development and specified with red color.

It is considered as an ideal choice for a land developer or an individual.

• Planning zone: Κα5
• Building Coefficient: 100%
• Coverage Coefficient: 50%
• Maximum Floors Allowed: 3
• Maximum Building Height (m): 13,50