An exceptional opportunity to invest in a well-located property in the sought-after area of Chlorakas. This 2-bedroom bungalow sits on a generous 650 sqm plot in a peaceful cul-de-sac, offering significant development potential and multiple investment paths. Property Details: • 2 Bedroom Bungalow (approx. 60 sqm) • Clear Title Deeds • Full Building Permits & Architectural Plans • Plot Size: 650 sqm • Building Density: 90% (Total Buildable Area: 585 sqm) • Additional 83 sqm designated green area • Underground water available for garden or pool via perforation • Council water supply for irrigation Development Potential: • Up to 2 floors / 10 meters in height • Ideal for maisonettes, houses, or apartment complex Location Highlights: • Chlorakas, Paphos – Quiet cul-de-sac • Walking distance to amenities: Bus stop, pharmacy, bakery, supermarket • Distance to beach: 2.8 km Investment Options: 1. Renovate the existing bungalow for long-term rental or Airbnb 2. Demolish and construct a new development 3. Extend and modernize the existing structure Additional Notes: • Independent professional valuations available • Suitable for residential or investment projects Asking Price: €330,000