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8

Building Land in Mandriá, Cyprus

€ 18,500,000
103,843 m²

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Description

Beachfront land 103,843 m2 located in a tourist zone in the village of Mandria, Paphos.
This exceptional land parcel enjoys more than 200m of beachfront length and is just 5 minutes' driving distance from the Paphos International Airport, 10 minutes' away from renowned Venus Rock Golf Resort and 15 minutes' from Paphos city centre.

Development Uses:
1. For Hotels - Building Density 25% (3 Floors)
2. For Holiday Villages - Building Density 20% (2 Floors)
3. For Residential Development - Building Density 20% (2 Floors)

Investment Proposal:
a) Sale of the entire asset/land to the investor for development by the investor.
b) Participation of the investor in a joint venture for the development of the asset/project in cooperation with the developer.

More than 80 villas and a club can be built on the land. Total covered areas of 25,960.75 m2. All villas will be of modern design and will enjoy large terraces, private swimming pools on large plots.

The price is subject to VAT.

Details

External size
103,843 m²
Reference
TER_7576

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