Building in Argaka - Ref. No. CS14095
For Sale €865,000
€865,000
Building
Covered: 468m²
Plot: 8139m²
Pafos, Argaka


Features
Beach: 5 min Drive
Investment Opportunity
No VAT
School Nearby
Sea views
Title Deeds


Description

The property for sale is a residential development comprising of five (5) mezonettes in a beutifull natural enviroment in Argaka, Paphos. The property is located at a distance of approximately 630 meters southeast of the coastline and at a distance of 1km approximately west of Argaka's Elementary School. The sea and a variety of amenities and services are easily accessible.

The property has a somewhat triangular shape and an even surface. It abuts onto a public road along its western boundary, whilst along its northern bounday it abuts onto a public green area and a stream. Within the eastern part of the parcel there is a residential development comprising of five (5) mezonettes which were built 14 years ago and their level of construction and maintenance is satisfactory. Three of the mezonettes comprise of two (2) bedrooms whilst the rest comprise of three (3) bedrooms. Each mezonette comprises of a living room, kitchen with dining room, guest WC and verandas on the ground floor, with bedrooms, the main bathroom and verandas with sea views on the upper floor.

The area of the building is 468 sq.m (approx.), the covered verandas is 128 sq.m (approx.). It should be noted that the existing building had acquired a planning permit, whilst the rest of the parcel is currently used as an orchard. Due to the land size any buyer will benefit from additional building density.