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2-bedroom detached house for sale

Paphos, Tala
Posted: Today 17:05 Ad ID: 6466132
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1:26
Location: Paphos — Tala
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Tala Kamares Village - Sale by owner

redesigning an original Kamares house

ATTENTION: This is a project for you to finish. The video was taken before we gutted the Building!!!

Location Tala, Leptos Kamares Village

Year of Construction: 1995

Plot size: approx. 1.300 m²

Titel Deeds: available

Purchase price: 600.000 €

Living or Rental space: Villa: approx. 200 m² plus 189 m² new apartment

Annual net rent income: approx. 50.000 € long term rental

Multipler: 12.0 X / 17.0 X

Expected completion costs: approx. 250.000 €

Deal structure: Asset Deal or Share Deal

This property has an unobstructed panoramic sea view.

Kamares Village has a good community spirit and excellent facilities, offering a Clubhouse with pool and social events. Various courses are also offered here (Tennis Court, Yoga, Greek lessons, library), Medical Centre with on-site healthcare services.

You have the chance to renovate a house in Kamares according to your wishes. Combine traditional and modern elements for a comfortable home.

We've already done most of the work. Architectural plans are available and the building permit has already been applied for.

Completed work:

New service boxes for waste, water and electricity, directly accessible from the street.

Newly tiled double carport – beneath which is the former storage room. This has been completely renovated and now features a fully equipped fitted kitchen (without appliances) with a window, a high-quality sauna, a shower and toilet with a sink and a second window, as well as air conditioning and underfloor heating.

Existing building – already gutted and ready for renovation:

Ground floor:

Large open-plan kitchen with dining room and spacious living area with large windows, flooded with light and sea views – conservatory – covered BBQ area in front of the kitchen and Guest WC.

Guest room with en-suite bathroom.

First floor:

Gallery with built-in wardrobes - spacious Master bedroom with dressing room and very large bathroom with all amenities, also featuring a large window front - balcony spanning the entire area with sea view.

New Construction:

Construction of a conservatory, fitness area or office on the ground floor.

Prepared second carport with Storage room underneath - can also be converted into an elevator if needed.

Extension of the terrace on the first floor along the entire length of the extension, offering panoramic sea views.

20 m pool accessible from the terrace - apartment below (189 sqm) which can be used as a rental property, office, or Guest apartment. The road running along the bottom of the property is public and can be used as access, thus ensuring privacy for the new addition.

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Run a full technical and legal real estate check today
  • Technical inspection:
    HOMESURV
    +357 22 377 004
  • Legal inspection:
    CTA LAW FIRM C.T. Antoniou & Co LLC
    + 357 22 516 838
  • Technical inspection:
    SQUARE ARCHITECTS
    +357 99 592 218
  • Legal inspection:
    M.PARASCHOU LAW Advocates & Legal Consultants
    +357 22 622 262
  • Technical inspection:
    HOME CHECK
    +357 96 504 296

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600.000
Negotiable
€462/m²
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Stefan

Posting since sep, 2020

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