№ 2,437,185

Investment (Project) in Agia Marina Chrysochou, Paphos for Sale

515,000 €
804 € /m²
  • Total area 640 m²
  • Yield
  • Lease term
  • Constructed  2021
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    Key project parameters
    Total area
    640 m²
    Number of parking lots
    5
    Floors
    2
    Constructed 
    2021
    Project description

    An incomplete residential development comprising of five villas and a shop in Agia Marina Chrysochous, Paphos. The incomplete shop has an area of c. 18 m² and is adjacent to the coastal road. Four of the five villas are identical with an area of c. 120 m² Each house consists of an open plan kitchen, living/dining room, a bedroom and a shower room on the ground floor and two en-suite bedrooms on first floor. The fifth house will have an area of 138 m² and consist of an open plan kitchen, living/dining room, one bedroom, and a shower room on the ground floor and two en-suite bedrooms on first floor. Currently the four identical villas have completed plastering phase on the ground floor while on the first floor is at the bricks phase. The fifth villa is at the foundation phase. The surrounding area of the property comprises of residential developments and undeveloped parcels of land that enjoys good accessibility. It falls within residential planning zone H2, with a building density coefficient of 90%, coverage coefficient of 50%, 2 floors and a maximum height of 8,3m.

    Tenants
    Agreement
    n/a
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    annual yield
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    exit period
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      Anna Vorobyeva,
      Head of Commercial Property Department
      Mikhail Reyderman
      Mikhail Reyderman
      Commercial Real Estate Expert

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