Description

This property are the unused development rights of a field in Argaka, Paphos. The asset is located 550m southeast of Poli Chrysochous - Pomos road, 650m southeast of the sea bay and 1,3km north of Argaka village centre. It has unused development rights with a permitted buildable area of 202sqm. The total land area is 3,431sqm and is affected by compulsory purchase of 1,810sqm. It benefits from 172m road frontage along its east border The immediate area of the asset comprises of residential developments and undeveloped parcels of land. The asset falls within touristic Planning zone T3β with the following parameters: - Hotels: 30% building density, 20% coverage, 3 floors and a maximum height of 13.1m. - Touristic villages: 25% building density, 20% coverage, 2 floors and a maximum height of 8.3m. - Houses: 20% building density, 20% coverage, 2 floors and a maximum height of 8.3m.