About this property
"Properties listed with a Reserve Price indicate that the Seller reserves its right to not accept offers below the specified price. All offers must exceed the Reserve Price. While lower offers may be submitted, they are unlikely to be considered by the Seller."
A 75% share, approximately 2258sq.m. of an expansive touristic field extending to approximately 3,011sq.m. in total, located in the highly sought-after outskirts of Neo Chorio Community, Paphos District.
Property Highlights:
• Ownership Share: 75% undivided share of the field.
• Total Field Area: Approximately 3,011sq.m.
• Planning Zone: Dual zoning split between Touristic Zone Τ3δ5α (67%) and Protection Zone Δα31 (33%).
Key Features:
A prime investment opportunity featuring a majority share in a substantial land parcel ideal for touristic development or long-term capital growth. The property enjoys a peaceful, high-demand setting just outside the village, while remaining only a few minutes' drive from the residential core of Neo Chorio. It benefits significantly from its exceptional proximity to the main tourist strip and the crystal-clear beaches of Latchi.
Location:
• Approximately 20m south of the main Latsi - Neo Chorio road.
• Approximately 750m northeast of the centre of Neo Chorio community.
The property falls within two distinct planning zones:
• Touristic Zone Τ3δ5α (67% of land): Allows for a building density of 25%, coverage of 15%, and permission for 2 floors (8.2m) of construction.
• Protection Zone Δα31 (33% of land): Allows for a building density of 10%, coverage of 10%, and permission for 1 floor (7m) of construction.
No distribution agreement in place.
