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Description: Area With Dominant Use The House (Περιοχη Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 1
Height: 13.5 meters
Allowed stories: 3
Development description: Local Plan Of Paphos (Τοπικο Σχεδιο Παφου)
Commercial: 0.13 Km
Tourist: 1.79 Km
Industrial: 0.67 Km
Agricultural: 0.18 Km
Farm: 7.24 Km
A prime residential development opportunity located in the municipality of Pafos. The property comprises a 1,151 sq.m. parcel situated within planning zone Κα5, offering strong development potential in a well-established urban area. The plot is 100% affected, with approved planning parameters as follows: density 1, coverage 0.5, allowing construction of up to 3 floors with a maximum height of 13.5 meters. These regulations support an efficient mid-rise residential scheme with strong buildable volume relative to land size. Importantly, the property benefits from an existing planning permit and approved architectural plans for 9 apartments, streamlining the development process and significantly reducing project lead time and planning risk. This is an attractive opportunity for developers seeking a ready-to-build residential project in a desirable area of Pafos, suitable for modern apartment living or investment-driven rental accommodation.
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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