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For Investment Incomplete Building Block in Konia, Pafos in Paphos, Konia

The property is an incomplete two storey residential block developed into two adjacent plots, located in Konia, Pafos. The designs are for 11 residential units and two retail units and parking places. 

The surrounding area is residential and predominately consists of two-storey houses of mainly good quality and condition. The area is considered to be an attractive residential one due to its close proximity to the city center, pleasant views and access to the surrounding area. 

Construction works were commenced and the structural frame has been developed without having acquired a building permit. At a later stage additional structural related works were commenced, including construction of transfer beams, reinforcement of the beams and columns constructed during the first phase. Mechanical and Electrical provisions have yet to be implemented externally and a lift shaft must be developed by modifying one of the two staircases. These factors have all been factored into the asking price. 

Sales Price:
€535,000
Yield:
4.03%
Listing Type:
Residential
Property Type:
Building
Property Status:
New
Date Available:
14-11-2019
Living Area:
1118m2
Total area:
1118m2
Veranda/Patio:
100m2
Units:
13
Title Deeds:
No
Pets allowed:
Not Applicable
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