We are delighted to present a Commercial Plot of 498m² located near the busy Archiepiskopou Makariou III Avenue in Empa.
The asset is located in close proximity to the central avenue connecting Empa and Chlorakas and enjoys a wide range of amenities and services in the surrounding area. It offers direct access to several areas of Paphos including the city center, the touristic area of Kato Paphos, Tombs of Kings and Coral Bay.
It also offers easy access to the promenade whilst Kings Avenue Mall and Paphos-Limassol motorway are about 10 minutes drive.
The immediate area is mainly developed with both commercial and residential units, including retail shops, offices, apartments and houses.
It has a rather square shape, flat surface and provides access to registered road on its northwestern boundary and green area on the southwestern side.
It falls within Town Planning Zone Εβ (Commercial) and depending on the architectural plans and subject to existence of mezzanine, the buildability varies as follows:
(with Mezzanine) Building Density coefficient of 90%, Coverage coefficient 50%, 2 floors and 10 metres height
(without Mezzanine) Building Density coefficient of 140%, Coverage coefficient 50%, 3 floors and 11.3 metres height
Architectural plans available upon request. Town planning permit is obtained (renewal required).
There is NO VAT applicable to this property.
The asset offers a unique opportunity for investment and a privileged setting to start your business.
Ideal for construction of: Building with Commercial and Residential units, Showroom, Hair/beauty salon, shop, offices etc.
For further information please do not hesitate to contact us!