Ref. No. 21789 Commercial Land

€875,000 Plus VAT
Peyia Paphos
Commercial Land
11372m² Plot
Sales Agent Stefanos Constantinou

Property Description

This property is a field in Pegeia, Paphos.

The property is located c. 2,3km southwest of Pegeia’s centre, 1,5km northeast of the sea and c. 1km from the junction of Agiou Georgiou Avenue and Pegeias - Kathikas road.

The property has an area of 11,372sqm and benefits from c. 59m road frontage along a registered road on its southwest border.

The immediate area comprises of residential, touristic and commercial developments and undeveloped parcels of land.

The property falls within three planning zones:

-c. 5,117sqm fall agricultural planning zone Γ3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8,3m.

-c. 3,412sqm holiday housing planning zone Π1 with 15% building density, 15% coverage, 2 floors and a maximum height of 8,3m.

-c. 2,843sqm fall intocommercial planning zone ΕΜΠ1 with 15% building density, 15% coverage, 2 floors and a maximum height of 8,3m.

THE PRICE IS SUBJECT TO VAT.

All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.

Property Features

Plus VAT

Transfer Fees

€33,258
BUYING AS AN INDIVIDUAL
€31,600 Transfer fees + €1,658 Stamp Duty
€29,858
BUYING ON JOINT NAMES
€28,200 Transfer fees + €1,658 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.
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