For Sale Field (Land Lease) in Timi, Paphos

The property is located in B’ Paphos Industrial Zone (Agia Varvara) and it is situated close to all necessary services.

In addition, it enjoys excellent access to the motorway and the city of Paphos.

It has a rectangular shape with an even land surface and it abuts onto a registered road along its southeast boundary with total frontage of approximate 30 meters.
The property is subject to a long-term lease agreement with Cyprus Government with a rent of €7341/year and an expiration date 30/06/2046. It is noted that the agreement can be renewed for two periods of 33 years each

Characteristics :

Land area: 1,975 m2 (whole share)
Title deed: The property has a separate title deed
Planning zone Β1 : Building Coefficient: 90% ,Coverage Coefficient: 50% ,Maximum Floors Allowed: 2 ,Maximum Building Height (m)

It is noted that the property is vacant and it is consider as ideal investment opportunity.