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1,151 SQM Residential Land
Paphos Municipality, Paphos

€750,000  ($854,595)

Blue Sky Houses

Blue Sky Houses

License Number: 819 Registration Number: 355/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 $29,911

Average Bank Rate (€750,000)
1 USD = 0.8479 EUR
$884,506

Mid-market rate (€750,000)
1 USD = 0.8776 EUR
$854,595

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 (ΚΑ5)

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)


Nearby planning zones

Commercial: 0.13 Km

Tourist: 1.79 Km

Industrial: 0.67 Km

Agricultural: 0.18 Km

Farm: 7.24 Km

Key features

  • Listing ID: 8913475 (49021)
  • Plot: 1151 sqm
  • Airport: 30 min drive
  • Beach: 15 min Drive
  • Golf: 15 min Drive
  • Town: 5 min drive
  • Town: Walking distance

Description

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 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
€26,600 ($30,310)
If buying on joint names
€23,200 ($26,435)

Disclaimer - Property reference 8913475. 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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