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Residential Field 5000 m²

Paphos, Statos - Agios Fotios
Posted: Yesterday 17:59 Ad ID: 6596945
Residential Field 5000 m²-1 Residential Field 5000 m²-2 Residential Field 5000 m²-3 Residential Field 5000 m²-4 Residential Field 5000 m²-5 Residential Field 5000 m²-6
Location: Paphos — Statos - Agios Fotios
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Prime Residential Development Land Available for Acquisition in Statos Paphos

This document presents a unique opportunity to acquire approximately 5,000 square meters of residential development land in the picturesque village of Statos, Paphos. This region is celebrated for its natural beauty, tranquil environment, invigorating mountain air, and authentic Cypriot lifestyle.

The property is located approximately thirty kilometres from Paphos International Airport, thirty-one kilometres from Paphos town, and twenty-five to thirty kilometers from the nearest coastline. This strategic positioning offers a harmonious balance of privacy, natural amenities, and accessibility, rendering it an attractive option for both permanent residences and holiday accommodations.

With a permissible building density of 60% and a coverage allowance of 35%, the land offers formidable development prospects. Subject to the requisite planning and subdivision approvals, the site may be divided into up to nine residential plots, with individual plot sizes anticipated to be around 400 square meters or larger, depending on the final approved layout.

Following subdivision, the estimated total covered buildable area for construction is approximately 2,160 square meters, contingent upon the final approved planning and architectural design. This plan offers significant potential to develop a boutique residential community featuring detached villas, each equipped with private swimming pools, landscaped gardens, and expansive outdoor living spaces.

A Compelling Investment Opportunity

As land prices across the Paphos district continue to appreciate, well-positioned development opportunities become increasingly scarce. Concurrently, there is a growing demand among buyers for larger plots that afford more privacy, outdoor space, and superior value in less densely developed coastal regions.

This property offers developers and investors the opportunity to establish a boutique residential project in a scenic setting while benefiting from a highly competitive acquisition price. The combination of substantial land area, development potential, serene surroundings, and affordability creates a strong case for resale demand and long-term capital appreciation.

Property Highlights:

- Approximately five thousand square meters of residential land

- Prime location in Statos Paphos

- Approximately thirty kilometres from Paphos International Airport

- Approximately thirty-one kilometres from Paphos town

- Approximately twenty-five to thirty kilometers from the nearest coastline

- Sixty percent building density

- Thirty-five percent building coverage

- Potential subdivision into up to nine residential plots, subject to planning approval

- Anticipated plot sizes of approximately four hundred square meters or potentially larger, dependent on final layout

- Estimated total covered buildable area post-subdivision: approximately two thousand one hundred sixty square meters, subject to final approval

- Ideal for detached villas with private swimming pools

- Peaceful natural environment with mountain vistas

- Authentic village lifestyle characterized by fresh mountain air

- Strong prospects for investment and development

Opportunities of this nature are becoming increasingly rare. Whether the objective is to develop family residences, create an exclusive residential project, or secure land in a market poised for appreciation, this property represents exceptional value and notable long-term investment potential.

The specific property location will be disclosed upon scheduling a viewing appointment.

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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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