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3569m² Building for Sale in Paphos – Agios Theodoros

3569m² Building for Sale in Paphos - Agios Theodoros

Posted: 2 months ago
Modified: 5 days ago

Under Construction
3569m²
2022

€1 450 000
+ VAT

Price per m²

€406/m²

VAT

Not Included in Price

VAT for this property is €264,124 (Reduced 5% rate) or €275,500 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.

Title Transfer Fee

Ref. #: 37088
Plot area: 11547m²

Incomplete development in a quiet and attractive location in Agios Theodoros Quarter in Paphos Municipality.
The property is ideally situated close to an abundance of amenities and services such as supermarkets, shops, restaurants, schools etc. In addition, it enjoys excellent access to the Paphos town center and the motorway.
The property is part of a development which consists of 38 units. The property for sale corresponds to 30 units. Specifically, it consists of 4 incomplete apartments and 2 incomplete maisonettes.
In addition, according to the architectural plans there are 22 maisonettes, 2 shops and a common space for which the construction works have not started.
The houses and the maisonettes consists of 3 bedrooms and the 4 apartments consists of 2 bedrooms.
The property has acquired a planning permit. The property is considered as an appealing investment opportunity.

Planning zone: Κα7
Building Coefficient: 80%
Coverage Coefficient: 45%
Maximum Floors Allowed: 3
Maximum Building Height (m): 13,50