Building for Sale in Paphos - Agios Theodoros, Nicosia District

For sale is a partially built residential complex overlooking the sea called the Mediterranean Sun, located in Agios Theodoros, Larnaca.The complex is adjacent to Ellados Avenue (Mazotos-Zygi Coastal Road) on its south boundary. It is located 2,75km west of the Aldiana Hotel and 70m north of the sea.The Mediterranean Sun Complex consists of nine detached houses. Three houses are partially built of which two of them (Houses 1 and 6) are in the stage of concrete frame and external walls (30% completion) and the other one (House 2) is in the stage of concrete frame (25% completion). No construction works have been carried out for the other six houses.Each house consists of an open plan living/dining room and kitchen and a guest W.C. on the ground floor, whereas on the first floor there are three en-suite bedrooms. Each house will have its own swimming pool and two covered parking spaces. Four houses (Houses 4, 5, 8 and 9) also have a basement that consists of a storage room and a W.C.The Planning Permit is valid until 30/05/2019.The wider area of the property has limited development with some residential units such as houses and residential complexes. There are also empty plots that are used for agricultural purposes.The asset is located very close to the sea.It enjoys good accessibility to the wider area of Larnaca due to its close proximity to Ellados Avenue.The field is zoned as TB3 (touristic) with 30% building density, 20% coverage, 3 floors and a maximum height of 13,1m.THE PRICE IS SUBJECT TO VAT.