3-bedroom villa for sale
A rare opportunity to acquire six detached three-bedroom villas as a single package through the bank's tender process, located in one of the most desirable elevated areas between Paralimni and Ayia Napa.
Positioned on generous plots, the villas enjoy unobstructed panoramic sea views that cannot be compromised by future development, making this an increasingly scarce investment opportunity.
Each villa offers approximately 132 m² of internal covered area, 65 m² of uncovered verandas, three bedrooms, spacious open-plan living areas, a private swimming pool, large garden and private parking.
Although the properties require renovation, they offer exceptional potential to create premium residences or luxury holiday rental villas in an area with strong demand and excellent long-term capital appreciation.
With easy access to Ayia Napa, Protaras, Paralimni, the motorway and some of Cyprus' finest beaches, this is an outstanding opportunity for investors seeking to add value in one of the island's most sought-after coastal locations.
Additional Investment Opportunity: Please note that there is an option to acquire two additional collateral properties within the same development comprising two similar three-bedroom detached villas. This offers investors the opportunity to expand the acquisition from six to a total of eight villas, further enhancing the development and investment potential of the portfolio.
Legal Information: Properties are being offered for sale through the bank's tender process.. Separate title deeds for the individual villas have not yet been issued. The development is covered by the relevant land ownership documentation, and the available documentation indicates that the necessary planning and building permits are in place. Prospective purchasers are encouraged to carry out their own legal due diligence through an independent lawyer regarding the current legal status and the future issuance of separate title deeds.
Tender Information: Tender submissions close at 10:00 a.m. on 14 July.
Viewings: Viewings are strictly by appointment. To arrange a viewing or request further information, please contact Plus Wise Estates.
We will be pleased to assist you throughout the tender process.
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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