Land in Tsada

€ 1,100,000

Description

I. Description of Location
* Plot Location: Cyprus, Paphos, Tsada Village
* Distance to the City of Paphos with all the amenities needed: 5 minutes drive
* Distance to the Sea: 7 kilometers, 15 minutes drive to the beach
* Distance to the Luxury Golf Resort Minthis Hills: 5 minutes drive
* Distance to the International Airport of Paphos: 25 minutes drive
* Distance to the International School of Paphos, the best local Private School: 5 minutes drive
* Distance to the historical part of the nearby village Tsada: 5 minutes walk
* Altitude Benefit: 600 meters above the sea level
* Climate Benefit: the air temperature is 6 degrees lower, than at the coastline - no heat at the summer
* Humidity Benefit: humidity level is about 3 times lower, than at the coastline - the feeling of ease
* Location Benefit: the evergreen valley with untouched virgin nature and with no construction around
* Landscape Benefit: elevated hill provides the best privacy and views for each villa forever
* Alignment Benefit: southern slope of the hill ensures that every plot will have the plenty of sun and space
* Relief Benefit: the slope of the hill is very smooth and convenient for construction with no additional costs
* Surroundings Benefit: the romantic sunsets behind picturesque ancient grove of the almond trees
* Nature Benefit: fragrant herbs and singing birds provide the feelings of relax and unity with nature
* View Benefit: the stunning unobstructed breathtaking panoramic sea, valley, coastline and city view
* Logistics Benefit: the main road, highway, is just in 30 seconds of drive
* Privacy Benefit: The surrounding terrain makes the place quiet, protecting it from the sounds of the road
* Sightseen and Cultural Benefit: two medieval monasteries of XI and XII centuries are located nearby
* Neighbourhood Benefit: the authentic and special atmosphere and heritage of traditional Cypriot village
* Facilities Benefit: all the facilities such as shops, restaurants and banks are within the walking distance
* The Transport Benefits: the bus station with the best service in all the Paphos region is in just 5 min walk
* The Cost Benefit: the VAT of 19% introduced in 2018 is not imposed on the sale of this unique Plot

II.Techical Data of the Plot
* Total Space: 12 375 square meters
* Space available for construction: 10 000 square meters
* Allowed Building Density Factor: 40%
* Allowed Coverage Ratio: 25%
* Maximum number of floors allowed: 2 floors
* Maximum height of the buildings allowed: 8.3 meters
* Electricity line, water pipeline and the existing road are just in 100 meters from the plot
* The project of the road which will connect the plot with the existing road network is ready and approved
* The plot has the best and second to none properties and qualities among all the current market offers
III. Project Business Plan Data:
* Cost of the Plot: €1 100 000
* Approximate cost of the Plot preparation for construction : €100 000
* The amount of the taxes payed for the purchase of the Plot at maximum (can be reduced): €38 500
* The maximum number of villas with individual plots, that can be constructed at the site: 10
* The suitable class of the Project: Premium
* The maximum total space possible of the constructed properties: 4 000 - 5 000 square meters
* The construction cost price in the nearby project of competitor: around €3 000 per square meter of villa
* The sell price in the nearby project of competitor: around €9 000 per square meter of villa
* The cost price of the construction land of the Plot: €100 per square meter
* The market price of the similar, but less good and less attractve plots: €200 - €500 per square meter
* The potential buyers of the villas can be from: UK, Russia, China, Cyprus, Middle East, Other Countries

IV. Additional Information:
* Sustainable growth of the Cyprus economy, GDP and investment attractiveness of the country since 2014
* Impressive growth of the Tourism: the amount of tourist, coming to Cyprus, has been doubled since 2012
* The recovery of Cyprus Property Market after the crisis and significant growth in the number of deals
* The amount of deals has been more than doubled since 2013
* The steady growth of the property prices
* Strong growth in the Construction Sector and amount of issued Building Permits
* Tremendeous growth in the Overseas Property Sales
* Paphos is the island Leader in the Overseas Sales, especially in Holiday Houses segment
* Growing attractiveness of obtaining Cypriot citizenship for investments
* Cyprus is the most popular country for Russians to obtain citizenship for investment with 41% share
* Cyprus has the highest in Europe relative ratio of issued Permanent Residence Permits
* The lowest crime rate in Europe and the highest level of security are in Cyprus
* Cypriot properties on average are the most spacious in Europe
* Cyprus is the European Leader in the share of Billionaires among the country population
* The longest summer and beach seasons in Europe are in Cyprus
* Cyprus keeps triple world record in the amount, density and total length of top quality Blue Flag Beaches
* Cyprus has the Mediterranean Climate, which is the best for a long, healthy, replete and happy life
* There are a lot of fresh, healthy, natural foods at Cyprus all year round
* Cyprus has relatively low cost of living, compared to the other European Countries and Russia
* There is no Immovable Property Tax in Cyprus
* Plenty of inexpensive private British schools with the possibility of entering the best British universities
* Paphos is the Ancient Capital of Cyprus - the most cultural attractions are located in this region of island
* The second airport of Cyprus is located in Paphos, which gives the ease and comfort of travels
* The best ecological situation, the most beautiful nature, the most hospitable population are in Paphos
* Paphos is the most international city with the lowest crime rate among all the cities of Cyprus
* The share of foreign citizens in Paphos is 35% - the highest in Cyprus
* Paphos is the most picturesque, quiet and cozy region of Cyprus, the Cultural Capital of Europe 2017
* The vast reserves of oil and gas have been discovered and investigared at Cyprus water area
* Paphos Marina for 1000 of yachts is going to be constructed soon, giving the boost to the local economy
* Overseas Property Sales in Paphos have risen in May 2017 to the level of May 2016 by whopping 533%


Property details

Gas
1
Water
1
Close to
Sea
Type of location
Resort
Electricity
16000kVt
Ownership type
Proprietary
Application area
For residential construction

Location

Tsada

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