Incomplete development - Investment Oportunity

  • Peyia, Paphos
  • 12 Beds
  • Ref: 26660
€480,000+VAT
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Property details

  • Property type: Apartment Building
  • Covered area: 671 m²
  • Plot area: 712 m²
  • Bedrooms: 12
  • Toilets: 8
  • Showers: 8
  • Floors: 2
  • Living rooms: 7
  • Kitchens: 7
  • Title deed: Yes

Other information

  • Furnished: Unfurnished
  • Status: Under construction
  • Energy efficiency rating: Pending
  • Distance to amenities: 300 m
  • Distance to airport: 25 km
  • Distance to sea: 3 km
  • Distance to public transport: 500 m
  • Distance to schools: 5 km
  • Distance to resort: 8 km

Property description

The property under consideration concerns a building complex under construction, located in the Municipality of Pegeia, in Paphos

It borders along its southern boundary on a registered road with a frontage of approximately 28 meters and along its western boundary on green area.

Within this plot, a building complex is being constructed, consisting of 1 one-bedroom and 1 two-bedroom apartment on the ground floor. The first floor will comprise of two one-bedroom apartment and two two-bedroom apartments. The second floor will consist of a three-bedroom apartment with a large uncovered terrace.

Total number of apartments in the building:
3 x 1 bedroom
3 x 2 bedroom
1 x 3 bedroom

The basement will consist of parking spaces and auxiliary areas.

The complex will be served by an elevator, a swimming pool, communal showers, toilets, and changing rooms.

At this stage, the reinforced concrete skeleton has been constructed, bricks have been laid, and plastering has been completed.

Additionally, part of the electrical installations and part of the painting have been completed.

Work on the construction of the swimming pool has not yet commenced, and the finishing works on the building have been halted for some time.

Features

  • Aircondition, Provision
  • Elevator
  • Heating, Provision
  • Parking, Uncovered
  • Below market value
  • Bright
  • Country view
  • Cul de sac
  • Easy access to main roads
  • Elevated
  • Investment opportunity
  • Mountain view
  • Municipal water/sewage
  • Near amenities
  • Near bus route
  • Panoramic view
  • Quiet Area
  • Rental Potential
  • Sea view
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