PRIME BEACHFRONT LAND IN THE PAPHOS AREA

The land is situated to the west of Chloraka Village in the tourist area. The area is developing with hotels, tourist apartments, shops, restaurants and amenities catering for the general needs of the tourist industry.

Due to the close proximity of the sea , the nearby Akamas forest region and the archaeological memoriam this site is in an ideal situation to cater for all the needs of a holidaymaker.

Chloraka village itself offers a selection of restaurants and a couple of excellent traditional tavernas, as well as a large, well-stocked supermarket. Paphos Town centre is within 10 minutes drive, and here you will find a colourful daily market and many shopping opportunities. Paphos harbour and the main tourist areas are also approximately 10 minutes drive, as is the popular sandy beach at Coral Bay.

The land is located on the south side of the road on the way to Coral Bay, and directly borders the sea for 230 metres.

Description:

The land is 88761 sq.m and is covered under the Local Plan of Pafos. The Town Planning is T2? for the 45481 sq.m and for the rest of the land 43280 sq.m is ??2.

The zone T2B allowed the following:

Hotels - 40% covered area, 3 floors

Tourist villages hotels - 35% covered area, 2 floors

Houses - 20% covered area, 2 floors

The zone ??2 is 6% covered area.

The land is covered by the water board of Paphos and has Electricity and Telephone lines.

There is already issued a building licence for a 5 star hotel for 250 rooms and all the necessary areas to run it normally (swimming pools, bars restaurants, spa and etc.). Of the 250 rooms 25 are luxury suites. There is also a plan for a further 250 rooms.


To request further details please use the Contact Us link below.

To view more properties from Investment Property in Cyprus click the 'More Properties' link below.