Ref. No. 23228 Commercial Land
€5,500,000
For Sale
City Center
Paphos
Commercial
Land
8330m²
Plot
Sales Agent
Gareth Ronweil
Property Description
Located in the heart of Paphos, this prime plot offers a mix of residential (Κα5 - 84%) and commercial (Εβ5 - 16%) zoning. The residential section allows for a building density of 1.0, covering factor of 0.5, and permits up to 3 floors with a maximum height of 13.5 meters. The commercial section boasts a building density of 1.2, maintaining the same covering factor, floors, and height limits. Ideal for a mixed-use development combining residential living and commercial business opportunities in a central and highly desirable location.( can built up to 8 floors.)
L.N 151/E , R.N 1106
Property Features
Transfer Fees
€227,508
BUYING AS AN INDIVIDUAL
€216,600 Transfer fees + €10,908 Stamp Duty
€224,108
BUYING ON JOINT NAMES
€213,200 Transfer fees + €10,908 Stamp Duty
The above calculations are an indication of your tax liability and legal fees when buying a property in Cyprus. The Cyprus Land Registry calculations may differ since are based on thier own property valuation price.
