New offers: land from €4 000 in Pila, Cyprus

Аукцион в одной из деревень Кипра в Пиле: земельные участки стоимостью от €4 000
29 August 2020 Angelica Michael

The new big campaign "Area of ​​the Week on Offer!" Is in progress of Altamira Real Estate, for the promotion of real estate in specific areas of Cyprus, in the framework of which interested buyers have the opportunity to claim selected properties at bargain prices. The properties are located in promising locations, many of which show significant growth while several of them have the prospect of capital appreciation of their value, as they will be acquired at preferential prices.

After the intense interest recorded for the properties in Kiti, the first area that was selected, and which were sold at reserved prices, the community of Pyla - also in the province of Larnaca - takes the turn with 22 properties this time, also at reserved prices .

This is an area with prospects, which has experienced significant growth in recent times and attracts the interest of domestic as well as foreign investors. The easily accessible beach front in combination with the organized beach, the accesses to the main roads of the city and the highway, but also the private University located in the community, classify the community as one of the most rising areas of Larnaca.

Cyprus, Dhekelia, Morning, Sunlight, Palm, Light

Another important parameter, which creates new perspectives, increasing investment incentives, concerns the General Development Strategy of the area of ​​the former Refineries, which is adjacent to the coastal front of Pyla. 

The development plan was announced by the government in August 2020 and aims to upgrade the area. 

In this context, the transformation of the coastal front and the wider area into a modern urban coastal landscape is promoted, among other things, a model of sustainable development model that will further highlight the functional relationship of the area with the sea. The creation of new urban development data in the basis of urban strategy, in order to protect.

A comparative advantage is at the same time the fact that Pyla borders the British Bases, an area with huge growth prospects, especially after the agreement between the Republic of Cyprus and Great Britain for the development of the Bases' territory.

Аукцион в одной из деревень Кипра в Пиле: земельные участки стоимостью от €4 000

The Cypriot-British agreement, which paves the way for further upgrading of the wider region, provides, among other things, for the development of about 3/4 of the territory of the British Bases. In addition, the General Development Strategy of the agreement includes, among other things, the implementation of developments to achieve sustainable and more generally sustainable development, which is expected to increase the value of real estate in the long run, allowing investors to maximize future returns.

Altamira offers 22 plots,  starting price from € 4 000 and up to € 250 000.

  • Two tangential residential fields from € 4 000
  • Two adjacent plots of land from €250 000
  • Plot of land with large frontage from €147 000, with an area of 4683 m2 nearby University - UCLAN. 
  • Two more residential plots from €63 000 each and with the areas 601m2 and 604 m2. 
  • Plot with an area 597 m2, with start price from €51 000. The plot is close to the Larnaca - Ayia Napa highway and is close to all the necessary services and facilities such as supermarkets, shops, schools, etc. Good investment in the tourism section.
  • Agricultural land from €56 000. Total area - 4620 m2.  It is located three kilometers from the center of the village and one kilometer from the sea.

Submit online tenders by September 01, 2020.

Source: Inbusinessnews

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