The asset for sale is a residential complex situated in the mountainous village of Platres, the largest Troodos resort. Platres is the principal hill resort and one of the wine villages of Cyprus. This is a very old and picturesque village. In the last 10 years Troodos resort area, including Platres, attracted significant investments in large residential developments, boutique hotels etc.
The property is 50% share which corresponds to a residential complex of: 6 maisonettes (2-bedrooms),4 studios, 2 offices, a detached 5-bedroom house with a private swimming pool, communal swimming pool in the complex.
The other 50% share is also available for sale.
The property falls within Zone H6, with a building coefficient of 20%, coverage of 20%, and permission for 2 floors (8.3m) of construction.
The asset is located approx. 500 meters from Kato Platres village, 5km from Troodos Square, 25km of Limassol, 45km of the capital Nicosia.
There are many amenities nearby, like Kastrovouno Natural Trail, local market, Handmade chocolate shop, Kato Platres core with restaurants/cafes/taverns, Lambouri winery, Millomeris waterfalls, Sparti Platres Rope Adventure Park.
We recommend you seek independent legal advice regarding any applicable property transfer fees.
REInvest does not make any representations and hereby disclaims all responsibility for the validity, adequacy or availability of any government scheme or subsidy that may be applicable to any property on our website or marketed by us. The Purchaser has the right, at his/her sole discretion, to submit an application for any subsidies by government or other authorities, entirely at his/her own risk. The filing of any such application is the Purchaser’s sole responsibility and REInvest hereby disclaims any and all accountability for any application submitted by the Purchaser or refusal by the authorities to grant subsidies, and any and all responsibility for any statement relating to such purpose.
Details about the scheme