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Residential Plot 520 m²

Paphos, Tombs Of the Kings
Posted: Yesterday 19:22 Ad ID: 6595259
Residential Plot 520 m²
  • Land type: Plot
  • Plot area: 520 m²
  • Plot Type: Residential
  • Square meter price: €1.058 /m²
Location: Paphos — Tombs Of the Kings
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Prime Development Plot Near Venus Beach – Tombs of the Kings, Paphos

A rare development opportunity in one of the most commercially attractive and high-demand areas of Paphos, located in the Tombs of the Kings area, close to Lidl and within easy reach of Venus Beach.

The plot measures approximately 520 m² and offers excellent potential for a compact residential development in a location with strong demand for both resale and rental purposes. Surrounded by everyday amenities, restaurants, bars, shops, hotels, public transport and the coastline, this property is ideally positioned for a developer, contractor or investor looking for a high-demand project in a proven area.

With a building density of 80%, coverage of 45% and planning allowance for up to three floors, the plot is suitable for a boutique residential development of approximately six one-bedroom apartments, with the potential to include two additional studios and a communal swimming pool, subject to architectural design and the necessary planning approvals.

The Tombs of the Kings area continues to attract strong interest from local and international buyers due to its proximity to the sea, Paphos city centre, the Harbor, tourist attractions and all key amenities. This makes the location especially appealing for small-scale residential projects aimed at buyers, long-term tenants or holiday rental demand.

A highly promising investment plot in a strategic coastal location, offering clear development potential, strong market appeal and long-term value in one of Paphos’ most sought-after areas.

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€550.000
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€1.058/m²
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Y.L.Luxury Homes Ltd Y.L.Luxury Homes Ltd
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Posting since dec, 2017

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