Residential Field in Armou - Paphos

Property Description

This asset comprises of three adjoining fields in Armou, Paphos.

The asset is located c. 340m northwest of Armou’s centre, c. 1,1km north of Paphos - Armou road and c. 3,4km northeast of Konia roundabout.

The asset has a total area of 20,069sqm and benefits of c. 8m road frontage along a registered dirt road on its southwest border. It has an irregular shape and a slopping surface.

The immediate area consists of agricultural and undeveloped parcels of land.

The property has the potential to be covered by all essential services (electricity, water and telecommunications).

The asset falls within two planning zones:

-18,730sqm fall within residential planning zone H4 with 40% building density, 25% coverage, 2 floors and a maximum height of 8,3m.

-1,339sqm fall within agricultural planning zone Γ3 with 10% building density, 10% coverage, 1 floor and a maximum height of 8,3m.

THE PRICE IS SUBJECT TO VAT.

Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 19/02/2021.

All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.