property Details
Country:	Cyprus, South Cyprus
Location:	Paphos, Moutagiaka
Type:	Resale
Style:	Apartment - Land
Bedrooms:	0
Garden:	Not Specified
Terrace:	Not Specified

Apartment - Land Cyprus

Plots at Moutagiaka in Limassol Property Under Study Residential development Plot size 12 710m2 Land survey found 13 340m2 Building Factor 30 Coverage Factor 20 Green Area 10 Project Height 8 3m Permit for Housing Development Total covered area 3813m2 if applied for new status 4002m2 Characteristics The proposed area for development is set back from the highway and located in a quiet highly desirable residential area There are excellent sea views Moutagiaka although small has rapidly developed during recent years with tourist resorts organised apartment complexes restaurants taverns night clubs and shops that service the tourists and also the inhabitants of the area all year round The coastal frontier although small in its size about 500 meters during the summer is packed with bathers foreign travellers and Cypriots enjoying the blue sea and the crystal clear golden beach which is cleaned twice a day under that bright blue Cyprus sky Description of proposed development 4 Large Villas 30 Maisonettes Initial idea is to have four big villas on the top of the project and two or three lines of smaller houses coming down the hill with Tennis court and a large size swimming pool with landscaped gardens for residential use Depending of the chosen project all houses could have private swimming pools The Green area could have other facilities mini golf tennis courts bowling childrens park etc Architectural plans have not yet been produced which facilitates flexibility towards desired markets British Russian Scandinavian German Prices Please note that the prices quoted in the examples below are indicative only Plot of Land only 2 65 million CYP Land and 4 Villas and thirty 2 3 bed Maisonettes Investment required would be approx 6 million CYP but may sell for 9 6 million CYP approx Land and 10 Villas Investment required would be approx 5 million CYP but may sell for 8 million CYP approx