523m² Rentals

€ 160,000

Property Details
  • Property Refrence: 51689
  • Agent:
  • Property Type: Finca
  • Property status: Rentals
  • Property Price: € 160,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Built: N/A
  • Country: Cyprus
  • Region: Other
  • City: Other
Description

An excellent investment opportunity in the sought-after area of Kapparis, Paralimni, offering a residential plot with a building density of 60%, 35% coverage, and a maximum building height of 10 metres. The property comes with approved planning and building permits, allowing construction to commence immediately. The approved development consists of six modern apartments, including two 1-bedroom apartments and four 2-bedroom apartments, making it an ideal project for developers or investors seeking strong rental or resale potential. Situated in a popular residential location close to local amenities, beaches, schools and the vibrant Kapparis centre, this ready-to-build plot offers the advantage of saving both time and development costs while providing excellent potential in one of the area's most desirable locations. Key Features: Residential land in Kapparis, Paralimni 60% Building Density 35% Building Coverage Maximum Height: 10 metres Approved planning and building permits Development for 2 × 1-bedroom apartments and 4 × 2-bedroom apartments Excellent investment and development opportunity Close to amenities, beaches and main road connections