€515,000
Project
Plot: 2397m²
Paphos, Agia Marina Chrysochous

Project in Agia Marina Chrysochous For Sale - Ref. BC74055


INCOMPLETE RESIDENTIAL DEVELOPMENT OF 5 VILLAS IN AGIA MARINA CHRYSOCHOUS

An incomplete residential development comprising of five villas and a shop in Agia Marina Chrysochous, Paphos.

The incomplete shop has an area of c.18sqm and is adjacent to the coastal road.

Four of the five villas are identical with an area of c. 120sqm. Each house consists of an open plan kitchen, living/dining room, a bedroom and a shower room on the ground floor and two en-suite bedrooms on first floor.

The fifth house will have an area of 138 sqm and consist of an open plan kitchen, living/dining room, one bedroom, and a shower room on the ground floor and two en-suite bedrooms on first floor.

Currently the four identical villas have completed plastering phase on the ground floor while on the first floor is at the bricks phase. The fifth villa is at the foundation phase.

The surrounding area of the property comprises of residential developments and undeveloped parcels of land that enjoys good accessibility.

The asset falls within residential planning zone H2, with a building density coefficient of 90%, coverage coefficient of 50%, 2 floors and a maximum height of 8,3m.

Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.   

 Agia Marina is a village of Paphos. It is situated 14 km northeast of Poli Chrysochous and it is built in an average altitude of 190 meters. On the west side of the village a plain lays near the sea and it is full of irrigated cultivations. The motorway of Poli Chrysochous-Pachiammos passes along this area. Before the Turkish invasion the road led to Morphou and Nicosia. The peaks and the cols of the mountains emerge on the east side of the community. Some of the slopes are full of pines and some others are completely nude, revealing the afforestation which was made in the area.

The small distance between the mountains and the sea creates a picturesque landscape.In 1965, a barrier was built near the village. It is called barrier of Agia Marina and its capacity reaches the 311.000 cubic meters. The new irrigation system of Poli Chrysochous will contribute to the irrigation of a great extent of ground.

The village is known as Agia Marina Chrysochous so that it is distinguished from the other villages with the same name.

Buy Cyprus LTD a leading and esteemed fully accredited Estate Agent, proudly holding registration number 1014 with the Cyprus Real Estate Agents Association and license number 477/E. With nearly three decades of unwavering commitment in the Cyprus and UK real estate markets, Buy Cyprus stands as the epitome of trustworthiness, offering top-tier expert services.

Paphosproperties has seamlessly integrated with Buy Cyprus LTD, becoming an integral part of our number one leading agency. Together, we share in this legacy of excellence, with our unwavering focus on exceeding customer expectations. We ensure that both buyers and sellers receive unparalleled care and dedication, drawing upon our profound understanding of the Cyprus Real Estate Market to provide objective and impartial advice to our esteemed clientele. With utmost transparency, we deliver honest and precise property information, empowering you to make well-informed decisions with absolute confidence.

Airport 45 minutes
Amenities: 5 Mins Drive
Amenities: Walking Distance
Attached on main road
Beach: Walking distance
Countryside Views
Electricity available
Local Restaurants Walking Distance
No VAT
Residential zone
Road access
Sea views
Telephone line available
Town: 15 min drive
Water available

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PROPERTY INQUIRY

TRANSFER FEES & STAMP DUTY

€18,138
IF BUYING AS AN INDIVIDUAL
( €17,200 Transfer Fees + €938 Stamp Duty )
€14,738
IF BUYING ON JOINT NAMES
( €13,800 Transfer Fees + €938 Stamp Duty )
Please note that the above calculations are an indication of your tax liability when buying a property in Cyprus for €515,000. The Cyprus Land Registry calculations may based on thier own property valuation price not reported sale price and therefore fees might differ to what is shown above.
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