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4

Development Land in Konia, Paphos District

€ 1,000,000
1,865 m²

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Description

Large residential plot with panoramic sea views at Konia for developing.
This plot has already all the facilities installed and a title deed with total area of 1865m2 and has access from three roads (including a cul-de-sac). It can also be divided into 3 or 4 smaller plots. It has a current density ratio of 40% but due to its elevation someone can build three 3-story large villas at plots of 620m2 of apx 500m2 total covered area, including the lower areas below the road level.
The villas will have full sea views and can be offered for sale from 1-1.5 mln. euros depending on their specs.
You may develop also 6 smaller modern villas of 150-180m2 covered areas on 300m2 plots to offer them at euro 600-750,000.

The price is 1 mln. euro plus VAT.
If developer designs 6 villas on plots of 300m2 with sea views (selling price euro 600,000-750,000) the owner may accept in part-exchange 1 villa plus 0.5 mln. in cash.

500

Details

External size
1,865 m²
Reference
PAR_3854

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