Unique investment
At a size of 42686m2 and with a build density area of 60%, the potential for this land, one of the best opportunities on the market today is huge with many possibilities.
Architectual plans have already been aproved and building permission already applied for!
100% profit is a very realistic scenario based on feasability studies that are available for serious enquires.
In order to facilitate its Development, the site has been subdivided into 3 plots, each representing one stage of development.
The overall development envisages a combination of Residential Properties, a Boutique Hotel and a number of isolated Villas.
Project Phasing:
Phase1: Resort/Lifestyle Residential, 116 of 1 & 2 Bedroom Apartments, in 18.145m2 (No.of 1-Bed units16, No.of 2-Bed units 100)
Phase2: Hotel and Commercial, 104 Rooms + Shops and facilities in 12.072m2
Phase3: Isolated Villas, 5 detached in 2.866m2
The project is lies only about 600 metres from the centre of Pervolia where one can find all the services they may need: banks, shops,restaurants. Contrary to most other Mediterranean resorts, the shoreline at Pervolia is unspoiled, remaining mostly in its natural state by virtue of the Legislation for the Protection of Cyprus Shorelines