Ref. No. 21330 Project
€265,000
Plus VAT
Ormideia
Larnaka
Project
Commercial
420m²
Covered
Sales Agent
Stefanos Constantinou
Property Description
The property relates to the unused development rights part of the unified development “Hill Gardens Village”, in Oroklini, Larnaca.
The property is located c. 500m north of Larnaca – Ayia Napa motorway and c. 850m west of Ormideias centre.
The property has a land area of 420sqm, with registered development rights of 1,318sqm. It has an irregular shape and a smooth flat surface.
The immediate area of the property comprises of residential developments.
The property has the potential to be covered by all utility services (electricity, water and telecommunication).
The property falls into residential planning zone H3 with 60% building density, 35% 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. 500m north of Larnaca – Ayia Napa motorway and c. 850m west of Ormideias centre.
The property has a land area of 420sqm, with registered development rights of 1,318sqm. It has an irregular shape and a smooth flat surface.
The immediate area of the property comprises of residential developments.
The property has the potential to be covered by all utility services (electricity, water and telecommunication).
The property falls into residential planning zone H3 with 60% building density, 35% 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
€7,638
BUYING AS AN INDIVIDUAL
€7,200 Transfer fees + €438 Stamp Duty
€5,363
BUYING ON JOINT NAMES
€4,925 Transfer fees + €438 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.
