Investment (Building) in Chlorakas, Paphos for Sale

11+ years old

Web Reference: #15966

Property Description

A block of  6 one bedroom apartments in Chloraka is for sale. The ultimate investment opportunity especially with a shortage of rental properties in the market at the current moment this is the ideal beginning.

The block of apartments has two floors with three apartments per floor. Each apartment is spacious and includes an open plan dining, living and kitchen area, a double bedroom and a family bathroom.

There is ample parking for each tenant and the property is located close to amenities.

Title Deeds are available and the properties are sold fully furnished with fittings and fixtures included.

Chlorakas offers traditional and modern aspects of Cyprus living. Convenient to Paphos & Coral Bay. Chlorakas has a number of restaurants and bars to entertain the family if you do not wish to go into central Paphos or Kato Paphos, which offer the full array of entertainment and restaurants to suit all. Good supermarket & shops in Chlorakas cover all your requirements. Easy 1/2 hour drive from the Airport. Watersports, Water Park, beaches, historical sights all within access and recommended.

 few details of the plot and apartments:

·         Plot size:                                              542m²

·         Covered area of each apt:            45m²

·         Covered verandas:                          10m²

·         Building density:                               90%

Please note that an extra 140m² of building can be constructed on the plot as the owner only built 350m² and the maximum allowed is about 488m² (ie 542m² which is the plot size X 90% building density = 488m²)

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