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Large village house and plot
This is a real old village house, built about 120 years ago in the small village of Gilou - it is really an example of sustainability and durability. The house is located in the center of the village on a plot of 720 square meters, with permission for 120% of the development of its territory.
The real estate is practically flawless, all that remains to do is to remove the layers of time, straighten the corners, and clear the horizons. This process will be especially enjoyable for those who like to give objects a second life.
After all, here, one might say, you were engaged in a noble cause - saving the house from final extinction. And how nice it will be to see the contrast of haw it was before and what has become after.
Currently, there are three small cottages connected by walls on the site. It housed 8 rooms and several outbuildings that retain the style and features of past design trends.
The gardens around the house are full of fruit trees creating peaceful shaded areas. Citrus, olive, mespilla, mulberry and some other trees are fragrant here.
The property is for sale and is primarily the subject for investment ideas. The unique advantage of this property is that the local authorities can cover up to 70% of the costs spent on the reconstruction and modernization of this house (be it a private mansion or real estate rented out later).
An additional advantage for investment outcome will be successfully strengthened status of for Gilou as prospective and prestigious suburb with a developed infrastructure. And thanks to local residents already living here in luxury villas and complexes, the project will attract the attention of wealthy people.
To the list of advantages of this offer, should be added the opportunities for work (employment or owning a business) and a wide range of services for leisure activities, because of the very popular Paphos resort with comfortable beaches and many tourist attractions is located not far from Gilou.
The village itself has everything you need for well-being. Many cafes, taverns, restaurants, churches and museums, local traditional events and festivals are regularly held. For lovers of an active lifestyle, the nearby Minthis Hills golf courses, the Armageti riding school, a beautiful freshwater dam for fishing enthusiasts. Various wineries and the Aphrodites brewery are located in the surrounding area, offering a wide selection of local European-style beers.
The house is in need of modernization and is for sale at a VERY competitive price and has all the necessary title deeds in order to the transfer the ownership to another owner upon purchasing.
Feel free to contact us directly (telephone Mr. Douglas) for other state-of-the-art house features, which are included in the individual specifications attached to the house plans and which are telling us much more about its undoubted advantages.
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District Paphos
Town Giolou
Plot Size 720m
Delivery Due Date To Be Renovated
Year Built 120+

Contact Details

Mr. Doug

(+44) 131 208 6390
(00357) 9971 6390, (00357) 9912 0299 Russian

General Info
  • Bedrooms: 8
  • Bathrooms: 2
  • Swimming Pool: None
  • View: Other
  • Garden: Private
  • Parking: Private on Site
  • Distance to Sea: 10-25km
  • Distance to Airport: 21-30km
  • Disabled Access: Yes
  • Communal Fee/Annum: 0
  • Plot/Land Area: 720
  • Plot/Land Floors: 3
  • Dining Area
  • Disabled Access
  • Provision for Internet,Wi-fi
  • Mains Water System
  • 2 Storey
  • Low Rise
  • Detached
  • Freehold
  • Bungalow
  • To Be Renovated
  • Private Parking
  • Private Garden
  • Optional Swimming Pool
  • Gated Residence
  • International School of Paphos
  • Market
  • Restaurants
  • Village lifestyle
  • International Airport
  • Local Amenities
  • Near Golf Course
  • Country walks
  • Pet friendly
  • Minthis Hills Golf course
  • Private Courtyard
  • Village festivals
  • Nature Reserve
  • Near Airport
  • Cedar Valley
  • Winery
  • Village square
  • Festivals
  • Vineyards
  • Orchards
  • Orange groves
  • Expansive views
  • Exclusive Location
  • Near Town
  • Loan/Mortgage Available
  • Zero Communal Fees
  • Price negotiation
  • Can complete is £ Sterling
  • NO VAT

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