Report Listing

Residential Land For Sale

€250,000

Empa
Empa, Paphos, Cyprus

1,080 sqm

Year Built: 0

Listed By: Bezino Trading Ltd

Listed On: 12/03/2024

Listing ID: GL11990261 View More Details

Description

HERE IS AN INVESTMENT OPPORTUNITY, NOT TO BE MISSED!

Located close to the Main Road to Mesogi, Paphos, Cyprus, in a small traditional Village, popular with the Locals for the streams and springs that water the walnut trees, almonds, grape vines, citrus fruits and vegetables which are produced there, and also renowned for its aromatic and tasty honey.

Between the Mountain ranges and the Sea, this plot is in a situation that offers stunning panoramic views. The project is walking distance from all the amenities of the main road to Polis and is approximately 3 km Northwest of the Centre of Paphos.

Due to its close proximity to the Town centre and Schools, both Public and Private, such as the International School of Paphos, the area has become a popular location to reside in, whilst maintaining it's peaceful Village vibe and low criminal rate.

The Land

This plot of Land of 1080m2 with a green area of 290m2, 90% build. Has designs for a choice of 2 Projects:

A) 4 semi detached Townhouses

B) 6 Apartments

Everything has been put in place for you,

A license for separation is complete and the Contract of Sale is lodged at the Land Registry.

Electricity is on site.

Water is on site.

Architectural plans have been completed and paid for...

Price: €250,000

Agreeable Payment Scheme

We will accept a Downpayment of €100,000 for the Land and the balance of €150,000 can be paid over a period of 4 Years, which will give you time to build and sell the properties...

Allowing you to gain a great return on your investment, before you have paid for the project in full!

Resale

Adjacent to this project is a turn key 3 bedroom detached Villa built in 2012 (165m2 covered area on a plot size 300m2).

Rented on a Monthly basis, this property can bring you a generous income whilst you develop, already giving you a hefty return on your investment, before you start.

Price: €350,000

Agreeable Payment Scheme

Should you wish to include the Villa with the proposed Land investment, we will accept a downpayment of €300,000 and the balance can be paid over the aforementioned 4 Years.

For the Villa alone, we will accept a downpayment of €200,000, and the balance can be paid over a 4 year Period, if a Mortgage is required, we have an agreement with a Local Bank in place.

For more detailed information do not hesitate to contact me.

Share: No
Density: 90%
Land type: Plot
Plot area: 1080 m2
Plot Type: Residential
Postal code: 8046
Online viewing: Νο
Square meter price: €231 /m2:
Source: The World Property Journal

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