Neo Chorio, Paphos, Cyprus

€300,000 (Asking Price Of)

Availability status:

DESCRIPTION

Situated in the picturesque village of Neo Chorio in the Akamas Hills of Cyprus.  BPM Estates are pleased to offer a great development opportunity of 2 detached villas.

  Less than a 45 minute drive from Paphos airport Neo Chorio overlooks the bay of Latchi, a beautiful marina village with many restaurants and shops and is a short drive to the town of Polis (10 minutes).  A 5 minute drive in the other direction is the Akamas National Park, 230 square kilometres of unspoilt hills, mountains and some of the most breathtaking views of Cyprus.

The site which is currently 2 vacant buildings has running water and electricity and has planning permission (granted in 2018) for 2 detached houses, both with swimming pools.

As this is a listed building in a historic village the development qualifies for a 50% grant to the reinstatement work, this would be in the region of approx 60,000 Euros.

There is a current quote from a local builder who has developed several stone and listed buildings in the area at approx 200,000 euros each.

Price for the total site is 300,000 Euros.  

PROPERTY DETAILS

Age: Not Specified

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