Unique 2-Bedroom Bungalow For Sale In Chloraka, Paphos, Cyprus 60m²

Unique 2-Bedroom Bungalow for Sale in Chloraka, Paphos, Cyprus Location Highlights: This property is ideally located in a quiet cul-de-sac in Chloraka, just minutes from central Paphos and Coral Bay. Within walking distance are a bus stop, pharmacy, bakery, and supermarket, providing convenience and livability. The nearest beach is just 2.8 km away, offering easy access to the sea for swimming and recreation. Property Overview: This is a unique opportunity to acquire a 2-bedroom bungalow with clear title deeds, located on a generous 650 sq.m residential plot in the heart of Chloraka, Paphos. Measuring approximately 60 sq.m, this single-level home includes two bedrooms, one bathroom, a kitchen area, and basic utility connections such as electricity and water. The property is structurally sound but requires renovation, offering a blank canvas for modern upgrades or complete redevelopment. Whether you are looking to restore its character or start anew, this plot provides significant potential under favorable building regulations. Year of Built: 1984 Price: €265,000 (Negotiable) Location: Chloraka, Paphos, Cyprus Plot Area: 650 sq.m Planning Zone: Κα6α Affected Percentage: 100% Building Density: 90% Coverage Ratio: 50% Maximum Floors: 2 Maximum Height: 10 meters Total Buildable Area: 585 sq.m Bungalow Features: Approx. 60 sq.m internal area 2 Bedrooms 1 Bathroom Kitchen area Electricity and water connections in place Clear title deeds Valid building permits & architectural plans included Located on a 650 sq.m residential plot 83 sq.m registered green area with council-supplied irrigation water Underground water source available via perforation – suitable for garden or pool use Renovation required, ideal for investors or buyers looking to customize their own home Planning & Development Potential: The property falls within Planning Zone Κα6α, with generous development rights: Affected Percentage: 100% Building Density: 90% Coverage Ratio: 50% Maximum Floors: 2 Maximum Height: 10 meters Total Buildable Area: 585 sq.m This allows for a range of development options, including detached homes, maisonettes, or apartment units. Development Options: Renovate the Existing Bungalow Update the current home for long-term rental, resale, or use as an Airbnb. Demolish and Rebuild Utilize the full 585 sq.m of buildable space to develop a new residential project. Extend the Current Bungalow Expand the existing home to create a larger, modern living space while retaining its original structure. Valuation & Investment: Professionally appraised by two independent valuation companies, this property represents a highly attractive investment in an increasingly popular residential area. Full valuation reports are available upon request. Contact us today to arrange a viewing, receive architectural plans or valuation documents, and explore the full potential of this unique property.