Description

COMMERCIAL PLOT IN CHLORAKA

1) LOCATION CHARACTERISTICS

The parcel is a prime location plot in Chloraka, one of the most sought-after areas in Paphos. It is situated on Archbishop Makariou III Avenue, the main and busiest road in Chloraka.

Residents from neighboring villages like Kissonerga, Lemba, and Emba and towns further away like Tala and Peyia use this road to get to, and back from the center of Paphos.

The surrounding region comprises primarily of commercial and residential land

2) PLOT CHARACTERISTICS

The plot covers a total area of 2348m2 of which 1441m2 falls within the commercial zone Eβ and 907m2 is in the residential zone Ka6a. The commercial part of the plot is on the main road and has a road frontage of 55 meters, while the residential part is behind it. The plot holds a premium location with high road traffic and high visibility. There is potential for commercial and mixed-use development.

COMMERCIAL PART

ZONE: Εβ

SIZE: 1441m2

DENSITY: 120% - 140%

COVERAGE: 50%

FLOORS: 3

HEIGHT: 11.3 meters

RESIDENTIAL PART

ZONE: Ka6a

SIZE: 907m2

DENSITY: 90%

COVERAGE: 50%

FLOORS: 2

HEIGHT: 10 meters

Land type: Plot
Plot area: 2348 m2
Plot Type: Commercial
Square meter price: €511 /m2: