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£2,207,086

€2,550,000

3 bed villa for sale

Agia Marina, Paphos, Cyprus
3 beds
2 baths

£2,207,086

€2,550,000

3 bed villa for sale
Agia Marina, Paphos, Cyprus

    • 3 beds

    • 2 baths

About this property

    The project as it stands is planned to expand to 17 completed units. The development is being sold as a turn key investment opportunity with the intention of the continuation of development. The project as it stands includes 4 completed villas ready to sell, and 4 completed foundations and skeletons. The planning includes an additional 9 full units, plus the completion of the existing 4 skeletons.

    There are four types of villas consisting of two and three bedroom orientation, featuring individual bathrooms, private swimming pools, garages, and private garden areas, verandahs, breath-taking views and they are surrounded by vineyards.

    Property Features:

    The land on which the project sits – 10,704 m2
    Each Plot is 400 m2 average
    4 completed stone villas with swimming pools ready to sell (needs to be freshened up)
    3 skeletons and foundations for the next phase
    All site infrastructure, roads, utilities (electrical system house, roads, sidewalks, service to each villa) are completed
    The land is sub divided with full title deeds for each plot
    Plans and specifications for multiple villa types
    Final inspection has been passed and full title deeds will be in hand within 3-6 months for each completed unit
    The building permits and licenses have been received for the completion of the entire 17 villas
    There are 4 types of villas for sale:

    Villa С: Covered area 139m2 – €225,000 + 19% VAT
    Villa B: Covered area 160m2 – €325,000 + 19% VAT
    Villa D: Covered area 138m2 – € 275,000 + 19% VAT
    Villa E: Covered area 138m2 – €249,000 + 19% VAT

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