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Eleven fields in Anavargos, Paphos

Ref No: 7455

€ 2,550,000 (-8.93%) € 2,800,000

Description

The assets are eleven fields in Anavargos. They are located close to Paphos General Hospital and Mesogis Avenue. As unified, the fields have an area of 100,406sqm.
They offer close proximity to all amenities and easy access to the highway. Parcels 258 and 549 are 96% share, each. The fields fall within residential and protection zones: Κα9β/Κα9/Δα1/Δα2.

Application for planning permit has been submitted for the division of the land into 44 plots. The property is suitable for the development of a luxury residential project.

The property is owned by Compadres Ltd, an SPV, wholly owned by Gordian Holdings Ltd.

Main Features

Occupancy Status
Vacant
Status
For sale

Other Features

Land Registry

District
Paphos
Municipality/Community
Paphos Municipality
Quarter
Anavargos
Reg. No.
0/3275, 0/3343, 0/3384, 0/3434, 0/3466, 0/3467, 0/39656, 0/39657, 0/3212, 0/3469, 0/3470
Sheet/Plan
45/60
Parcel
552, 265, 550 259, 289, 291, 844, 845, 268, 258, 549
Zone
Κα9β/Κα9/Δα1/Δα2

Areas

Land area
100,406 m2

Town Planning

Town planning zone
Residential
Building density
40 %
Coverage ratio
25 %
Max floors
1
Max height
10 m

Town Planning Secondary

Town planning zone
Other
Building density
1 %
Coverage ratio
1 %
Max floors
1
Max height
5 m

Legal disclaimer

The asset was acquired by Gordian Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation, and is currently owned by a subsidiary company. Depending on whether the transfer of the asset may take place via the transfer and/or sale of the subsidiary company’s shares, VAT may be applicable. We recommend that you seek independent advice regarding any applicable property transfer fees and/or VAT. The above sale price does not include transfer fees and/or VAT and if such are applicable, these will be paid by the buyer over and above to the sale price, as applicable.

Any markings, or designs on the property photos are indicative, for illustration purposes only and may differ from the actual boundaries.


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