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A plot of land for residential development in Kouklia Village, Paphos, with an area of 129,498 m2, is for sale. The land is privately owned (freehold), with a maximum building density of about 59%, which allows for the construction of more than 800 residential units (924 apartments, villas and maisonettes) with a conceptual design that includes 7 stages of construction, 7 communal pools, 16 villas with private pools, sports and entertainment centers, a commercial area and a clubhouse. The project is at the conceptual design stage, the site is ready for immediate construction, and the infrastructure is already in place. The location is prestigious, in demand among investors, with a well-developed infrastructure and all necessary services.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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