Residential Plot 11051 m²
LAND FOR SALE IN PANO PLATRES RESORT
This is a unique investment opportunity to acquire 11,051 sq mtrs of prime residential land near to the centre of the Cyprus mountain Resort of Pano Platres.
The property comprises 3 contiguous plots bordering on the main Pano Platres road and is approx. 500 mtrs southeast of the Resort’s centre. Zoned under residential classification H6, the property permits a building density/coverage of 20% over two floors with a maximum building height of 8.30 mtrs. There are 2 original dwellings on the land with electricity and water supply but due to their age and construction are considered of minimal value.
The topography of the land is varied and can be architecturally utilized for a tiered upscale development of either hotel or high-end housing with unobstructed views across a valley of pine forests and the Troodos Mountains.
The Platres Resort is currently the subject of considerable investment activity with several transformative hotel upgrade projects and luxury gated developments in progress with others awaiting planning consent. The relative scarcity of land near to the centre of the resort makes this a very attractive investment offering considerable upside potential.
The land is offered for sale directly by the owners for Euros 1,600,000. Full title deeds are available for all 3 plots being offered and are free from any charges or liens.
Call to arrange viewing.
No agents please.
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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