Land in Paphos № 236071
A plot for sale for a multifunctional building in the area of Town Center Paphos. A great opportunity for development, including a clean plot of 1200 m2, divided into commercial and residential areas. The Ea4 commercial area covers 668 m2 with a building density of 160%, while the Ka3 residential area covers 532 m2 with a building density of 140%.
The total built—up area is approximately 1,814 m2, and the total built-up area of the site is 600 m2, making it suitable for multifunctional commercial and residential development.
Main features: net land area: 1200 m2, commercial area (Ea4): 668 m2, residential area (Ka3): 532 m2, total building capacity: 1814 m2, total building area: 600 m2.
There are also five options for construction: option 1 – a standard residential complex with underground parking. The apartments are on the ground floor. Three upper residential floors. Total: 16 apartments. Apartment types: 4 single, 8 double, 4 three-bedroom penthouses. Advantages: high market demand, efficient construction costs, excellent investment potential.
Option 2 – a five-storey building (subject to obtaining a construction permit). If the permitted building height allows: underground parking, five residential levels, approximately 18-20 apartments: 4 single apartments, 10 double apartments, 4-6 three-bedroom apartments. This option maximizes the permitted total building area to approximately 1,814 m2.
Option 3 – luxury boutique residence. 12 premium class apartments. Spacious interior spaces. Spacious covered verandas. Rooftop gardens for penthouses. High-quality finish. Target audience: local specialists, foreign buyers, permanent residents.
Option 4 is a multifunctional complex. Ground floor: shops or offices, lobby. Upper floors: 14-16 residential apartments. Suitable if there is heavy pedestrian and automobile traffic on the commercial side.
Option 5 – approximately 20 apartments: studios, one-bedroom apartments, two-bedroom apartments. Designed to generate long-term rental income and investments.
