Property Overview & Description
Located in the established and quiet residential neighborhood of Mouttallos in Paphos, this 747 sq.m. residential plot offers a ready-to-build opportunity for developers looking to construct a modern multi-unit apartment building or a boutique residential project. The land comes with clean cadastral parameters and immediate street access, allowing technical and architectural teams to move straight into planning and permitting.
Location, Location, Location: Why Mouttallos Wins
When it comes to real estate development, position is everything—and this plot sits right in the sweet spot of Paphos:
Elevated Urban Core: Positioned on the high ground of Mouttallos, the area offers a quiet, established neighborhood vibe while sitting just minutes away from the bustling center of Paphos.
Unbeatable Proximity: Future residents or buyers are literally a short drive or walk away from everyday essentials: local supermarkets, bakeries, schools, pharmacies, and public services.
Minutes to the Coast & Harbor: Perfectly situated to capture both lifestyle and convenience, offering fast access down to the Paphos seafront, Kings Avenue Mall, and the tourist harbor.
High Rental & Resale Demand: Because Mouttallos is deeply rooted and centrally located, completed apartments here command massive appeal from young professionals, local families, and investors looking for high-yield rental properties in Paphos.
Benefits & Financial Potential
100% Building Density (Ka5 Zone): Every square meter of the 747 sq.m. footprint translates directly into legal internal buildable space, completely eliminating wasted land overhead.
Optimal 3-Storey Vertical Scale: Permitted for up to 3 floors with a maximum height of 13.5 meters, providing the ideal vertical layout to build a high-yield block of apartments (such as a mix of high-demand 1-bedroom and 2-bedroom units).
Efficient 50% Coverage Ratio: Allows architects ample flexibility to design functional ground-level parking, storage spaces, and common areas while maximizing saleable interior footage.
Strong Market Demand: Urban Paphos faces a persistent undersupply of modern multi-family housing, ensuring strong organic absorption for off-plan sales or long-term rental income.
Key Amenities & Infrastructure
Utilities & Access: Fully integrated into urban municipal networks with direct access to established public asphalt roads, water, and electricity infrastructure.
Proximity to Essentials: Close proximity to local supermarkets, bakeries, pharmacies, schools, and public transport links.
Lifestyle & Leisure: Minutes away from the Paphos seafront, harbor, local dining, and the commercial heart of the city.