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1,450 SQM Residential Land
Neo Chorio, Paphos

€200,000  ($228,082)

DemPro Real Estate Agents

DemPro Real Estate Agents

Registration Number: 847 License Number: 414/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $7,983

Average Bank Rate (€200,000)
1 USD = 0.8472 EUR
$236,065

Mid-market rate (€200,000)
1 USD = 0.8769 EUR
$228,082

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Planning Zone

Residential (ΚΑ6Β)

Description: Residential Zone (Οικιστικη Ζωνη)

Coverage: 0.5

Density: 0.9

Height: 7 meters

Allowed stories: 2

Development description: Local Plan Of Akamas (Τοπικο Σχεδιο Ακαμα)


Nearby planning zones

Commercial: 5.79 Km

Tourist: 1.11 Km

Industrial: 5.4 Km

Agricultural: 0.81 Km

Farm: 1.93 Km

Key features

  • Listing ID: 8509239 (DP5840)
  • Plot: 1450 sqm
  • Attached on main road
  • Electricity available
  • Residential zone
  • Road access
  • No VAT

Description

Located in the village of Neo Chorio, this unique residential plot offers an exceptional opportunity. The property features a traditional ruin house, set on a generous plot of land.
Key features include: Spacious residential plot with development potential
Traditional ruin house with renovation or rebuilding possibilities
Quiet village location
Close proximity to nature trails and coastal areas Ideal for permanent residence, holiday home, or investment.The property benefits from increasing demand for holiday homes, eco-tourism projects, and boutique residential developments.
Importantly, architectural plans for villa development have already been prepared, and a previous planning license was issued. While this license has now lapsed, it may be renewed offering a valuable head start for investors looking to move forward with a development project.
The presence of a traditional ruin structure offers flexibility for investors to redevelop the plot (subject to planning regulations) into a modern residence or rental asset.
Title deeds are available

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

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.

Transfer fees
If buying as an individual
€4,600 ($5,246)
If buying on joint names
€3,300 ($3,763)

Disclaimer - Property reference 8509239. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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