Ref. No. 21709 Project
€150,000
Plus VAT
Argaka
Paphos
Project
Commercial
1621m²
Covered
Sales Agent
Gareth Ronweil
Property Description
This property are the unused development rights (No.15) of a field in Argaka, Paphos.
The property is located c. 550m southeast of Poli Chrysochous - Pomos road, c. 650m southeast of the sea bay and c. 1,3km north of Argaka village centre.
The property has unused development rights with a permitted buildable area of 202sqm. The total land area is 3,431sqm and is affected by compulsory purchase of 1,810sqm. It benefits from c. 172m road frontage along its east border
The immediate area of the property comprises of residential developments and undeveloped parcels of land.
The property falls within touristic Planning zone T3β with the following parameters:
- Hotels: 30% building density, 20% coverage, 3 floors and a maximum height of 13.1m.
- Touristic villages: 25% building density, 20% coverage, 2 floors and a maximum height of 8.3m.
- Houses: 20% building density, 20% 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.
The property is located c. 550m southeast of Poli Chrysochous - Pomos road, c. 650m southeast of the sea bay and c. 1,3km north of Argaka village centre.
The property has unused development rights with a permitted buildable area of 202sqm. The total land area is 3,431sqm and is affected by compulsory purchase of 1,810sqm. It benefits from c. 172m road frontage along its east border
The immediate area of the property comprises of residential developments and undeveloped parcels of land.
The property falls within touristic Planning zone T3β with the following parameters:
- Hotels: 30% building density, 20% coverage, 3 floors and a maximum height of 13.1m.
- Touristic villages: 25% building density, 20% coverage, 2 floors and a maximum height of 8.3m.
- Houses: 20% building density, 20% 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
€3,118
BUYING AS AN INDIVIDUAL
€2,900 Transfer fees + €218 Stamp Duty
€2,468
BUYING ON JOINT NAMES
€2,250 Transfer fees + €218 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.
