Description
Investment Opportunity :
An old 2 Bed Bungalow with clear title deeds , building permits and architecural plans approx 60 sqm on a plot of 650 sqm with 90% Density .
The property is located in a quiet cul de sac in Chlorakas close to all amenities ( Bus Stop , Pharmacy , Bakery , Supermarket etc )
Sea Distance : 2.8 km ( Beach to Swim )
The property also has an additional 83sqm green area located in the plot with water from the council for watering . The plot also has water underground which can be used for watering garden and pool via perforation
A total of 585 sqm can be build in the plot with 2 floors and 10 meters in height. ( Can be maisonettes , houses or apartments )
Option 1 : Rennovation of existing Bungalow and long term rental or Air bnb
Option 2 : Demolition of bungalow and new build project
Option 3 : Extension of existing Bungalow
Garden, Parking – Uncovered, Airport: 30 min drive, Beach: 5 min Drive, Golf: 30 min Drive, Town: 5 min drive, Electricity available, Road access, Telephone line available, Water available, Title Deeds – Available
- Property ID 353473
- Price €230,000
- Location Chloraka, Paphos
- Property Type Land Residential
- Bedrooms 2
- Bathrooms 1
- Size 60 m2
- Land area 650 m2
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