Ref. No. 22812 Residential Land

€520,000 Plus VAT
Avgorou Famagusta
Residential Land
15761m² Plot
Sales Agent Stefanos Vincenko

Property Description

This property consists of four adjoining fields in Avgorou, Famagusta.

The property is located c. 350m east of Agiou Georgiou church, 500m south of the Avgorou - Frenaros road and 950m north of the centre of the village.

The property totals 15,761sqm, has an irregular shape with a flat surface and benefits from a road frontage of c. 45m along its northeast border and c. 80m along its east border.

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

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

The property falls within residential planning zone H2 with 90% building density, 50% coverage, 2 floors and a maximum height of 8,3m.

THE PRICE IS SUBJECT TO VAT.

Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 14/06/2024.

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

€18,348
BUYING AS AN INDIVIDUAL
€17,400 Transfer fees + €948 Stamp Duty
€14,948
BUYING ON JOINT NAMES
€14,000 Transfer fees + €948 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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