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Pay in USD and save up to $496,050The property is a field located in Polis Chrysochous Municipality in Paphos.
The asset is located at a distance of 650m north of the Polis Chrysochous - Argaka main road and 850m northwest of the village centre.
The property has a rather oval shape with a flat and even surface and benefits from a 300m road frontage. It is adjacent to Crystodoulou Papanikopoulou Street on its southern boundary and the sea protection zone on its northern boundary. The total area of the field is 64,058 sqm with part of the field, c. 43,560sqm, falling into the touristic planning zone Τ3δ2α, including 12,254 sqm that falls into the beach protection zone. The remaining 20,498 sqm of the field falls into the protected planning zone (Δα2).
The property is located in a prime tourist area of Polis Chrysochous, consisting solely of holiday houses, hotels, shops, and other tourist establishments. It has excellent accessibility to the village centre, as well as to the surrounding areas, where a plethora of facilities and services can be found.
The property is covered by all utility services (water, electricity and telecommunication).
The property falls within the following two Planning Zones:
Touristic zone Τ3δ2α with the following densities:
- For hotels: 30% building density, 15% coverage, two floors and a maximum height of 10m
- For tourist village: 20% building density, 15% coverage, two floors and a maximum height of 10m
- For houses: 15% building density, 15% coverage, two floors and a maximum height of 10m
The protected zone Δα2 with a maximum building density coefficient of 1%, a land coverage coefficient of 1%, over one floor and 5 meters height.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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