$840,419

Prime Development Opportunity – Two Plots For Sale Together In Central Paphos

  • 4 Beds
  • 3 Baths
  • 3,359 Sqft
  • 13,036 Sqft lot
  • Updated: Today

About the Property

1,211 m² Combined Land - 2 plots - first 696sqm with a house of 312sqm - second plot of land 515 sqm | 100% Building Density | Existing 4-Bedroom Residence | Opposite Green Park

A rare opportunity to acquire two substantial plots offered together in the centre of Paphos, directly opposite a public green area and children’s playground.

The properties have a combined land area of a
1,211 m² Combined Land - 2 plots - first 696sqm with a house of 312sqm - second plot of land 515 sqm | 100% Building Density | Existing 4-Bedroom Residence | Opposite Green Park

A rare opportunity to acquire two substantial plots offered together in the centre of Paphos, directly opposite a public green area and children’s playground.

The properties have a combined land area of approximately 1,211 m² and benefit from 100% building density and 50% site coverage, creating considerable potential for redevelopment, subject to the applicable planning regulations and approvals.

The location combines the advantages of a central urban position with the attractive outlook and open character provided by the green park directly opposite.

Property Details

- Plot 1: 696 m²

- Existing 4-bedroom detached house

- Approximately 312 m² covered area

- Approximately 90 m² covered verandas

- Mature garden with established trees

- Private driveway and garage

- Large outdoor areas

- Plot 2: 515 m²

- Development land

- Mature trees and established surroundings

Total Land Area: 1,211 m²

Development Parameters

Building Density: 100%

Site Coverage: 50%

Based on the combined land area, the 100% density represents approximately 1,211 m² of potential buildable floor area, while 50% coverage represents a potential ground-floor footprint of approximately 605.5 m², always subject to planning-zone provisions, road requirements, setbacks, permitted floors/heights and approval by the relevant authorities.

Why This Property Stands Out

The combination of two plots, central location, substantial development density and frontage opposite a green park makes this property particularly interesting for developers and investors.

The site could potentially be considered for a new residential apartment development, high-quality urban residences or another suitable development concept, subject to obtaining the necessary planning permissions.

The existing residence also gives a purchaser additional flexibility. Depending on their objectives, they may consider renovating and retaining the house, developing the additional land, or examining comprehensive redevelopment of the entire 1,211 m² site.

Excellent Central Paphos Location

One of the property’s strongest characteristics is its position in the centre of Paphos and directly opposite a green park with a children’s playground.

For a future residential development, this is an important selling advantage: prospective residents can benefit from an open outlook and immediate access to recreational green space while remaining within the urban area of Paphos.

Investment Highlights

1,211 m² total land | 100% building density | 50% coverage | Existing 312 m² residence | 90 m² covered verandas | 4 bedrooms | Two plots sold together | Opposite public green area & playground | Central Paphos location | Strong redevelopment potential
…
  • Property type

    Villa

  • Floors

    2

  • Year built

    2005

  • Price/sqft

    $250

Features

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Paphos, Paphos, Cyprus View on Google Maps
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Unique Cyprus Homes

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Unique Cyprus Homes
Cyprus
View agency profile
160
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2020
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Unique Cyprus Homes
Paphos, Cyprus
View agency profile
Last updated
Today
First listed
October 5
Listing reference
4852
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