Situated in a quiet and picturesque bay this large plot of sea front land has the potential to be a fantastic investment opportunity for some looking to create two unique palacial style homes in one of the most sought after areas in Paphos and Cyprus, where land is very difficult to find. The area surrounding the Sklinikari plot is mainly public and sea shore protected land. This provides an uninterrupted access as well an opportunity to use the land for landscaping and gardening. An application to rent part of this land has been submitted to the authorities by the owners. The Sklinikari land area of 14.980 square meters is included in Agricultural planning zone which allows Residential Development of 2 Houses with Building Coefficient 6% plus covered verandas and basements.
The Investor obtains residence permit or permanent residency in Cyprus by purchasing a newly-built property for at least €300,000. Our team at Tranio will help to make a deal remotely, collect a set of documents, and make an application.