property image
5
INVESTMENT
RESALE
LAND
Detached Villa
4852

PRIME DEVELOPMENT OPPORTUNITY – TWO PLOTS FOR SALE TOGETHER IN CENTRAL PAPHOS

€750,000
Paphos (center), Paphos
Bedrooms
4
Bathrooms
3
Toilets
3
Kitchens
1
Living rooms
1
Parking spaces
2
Floors
2
Status
Resale
Furnished
Unfurnished
Title deed
Yes
Structure
Concrete
Facade
Brick
Year of construction
2005
Energy efficiency rating
B
Covered
312 m²
Plot
1,211 m²

1,211 m² Combined Land - 2 plots - first 696sqm with a house of 312sqm - second plot of land 515 sqm | 100% Building Density | Existing 4-Bedroom Residence | Opposite Green Park of 3,267 sqm
A rare opportunity to acquire two substantial plots offered together in the centre of Paphos, directly opposite a public green area and children's playground.
The properties have a combined land area of approximately 1,211 m² and benefit from 100% building density and 50% site coverage, creating considerable potential for redevelopment, subject to the applicable planning regulations and approvals.
The location combines the advantages of a central urban position with the attractive outlook and open character provided by the green park directly opposite.
Property Details
- Plot 1: 696 m²
- Existing 4-bedroom detached house
- Approximately 312 m² covered area
- Approximately 90 m² covered verandas
- Mature garden with established trees
- Private driveway and garage
- Large outdoor areas
- Plot 2: 515 m²
- Development land
- Mature trees and established surroundings
Total Land Area: 1,211 m²
Development Parameters
Building Density: 100%
Site Coverage: 50%
Based on the combined land area, the 100% density represents approximately 1,211 m² of potential buildable floor area, while 50% coverage represents a potential ground-floor footprint of approximately 605.5 m², always subject to planning-zone provisions, road requirements, setbacks, permitted floors/heights and approval by the relevant authorities.
Why This Property Stands Out
The combination of two plots, central location, substantial development density and frontage opposite a green park makes this property particularly interesting for developers and investors.
The site could potentially be considered for a new residential apartment development, high-quality urban residences or another suitable development concept, subject to obtaining the necessary planning permissions.
The existing residence also gives a purchaser additional flexibility. Depending on their objectives, they may consider renovating and retaining the house, developing the additional land, or examining comprehensive redevelopment of the entire 1,211 m² site.
Excellent Central Paphos Location
One of the property's strongest characteristics is its position in the centre of Paphos and directly opposite a green park with a children's playground.
For a future residential development, this is an important selling advantage: prospective residents can benefit from an open outlook and immediate access to recreational green space while remaining within the urban area of Paphos.
Investment Highlights
1,211 m² total land | 100% building density | 50% coverage | Existing 312 m² residence | 90 m² covered verandas | 4 bedrooms | Two plots sold together | Opposite public green area & playground | Central Paphos location | Strong redevelopment potential

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Aristos Aristodemou Luxury Real Estate Sales & Rentals Consultant

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