Ref. No. 21368 Residential Land

€566,000 Plus VAT
Alethriko Larnaka
Residential Land
24722m² Plot
Sales Agent Gareth Ronweil

Property Description

This property consists of two fields in Alethrico, Larnaca.

The property is located c. 180m from Agiou Georgiou church, 510m southeast of the centre of the village and 870m southeast of Anexartisias Avenue.

The property has a total area of 24,722sqm and has acquired a right of way from an adjacent parcel.

The immediate area comprises of scattered residential developments and undeveloped parcels of land.

The property has the potential to be covered by all utility services (water, electricity and telecommunication).

The property falls within three planning zones:

-1,050sqm fall into residential planning zone H2 with 90% building density, 60% coverage, 2 floors and a maximum height of 8,3m.

-13,966sqm fall into residential planning zone H3 with 60% building density, 35% coverage, 2 floors and a maximum height of 8,3m.

-9,706sqm fall into agricultural planning zone Γ3 with 10% building density, 10% 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

€20,280
BUYING AS AN INDIVIDUAL
€19,240 Transfer fees + €1,040 Stamp Duty
€16,880
BUYING ON JOINT NAMES
€15,840 Transfer fees + €1,040 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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