Ref. No. 20888 Residential Land

€1,900,000 Plus VAT
Latsia Archangelos Michail
Residential Land
19250m² Plot
Sales Agent Gareth Ronweil

Property Description

This property is a field in the Agios Georgios area of Latsia.

The property is located c. 130m south of Cyprus Pedagogical Institute and c. 35m west of the Nicosia - Limassol motorway.

The property has an area of 19,250sqm, has an irregular shape with a smooth sloping surface and is landlocked (c. 55m west of the nearest registered road).

The immediate area comprises of undeveloped parcels along with some scattered residential developments.

The field falls within two planning zones

-c. 13,475sqm fall within residential planning zone Κα9 with 40% building density, 25% coverage, 2 floors and a maximum height of 8,3m.

-c. 5,775sqm fall within special use planning zone EX2 with 80% building density, 45% coverage, 2 floors and a maximum height of 10m.

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

€76,308
BUYING AS AN INDIVIDUAL
€72,600 Transfer fees + €3,708 Stamp Duty
€72,908
BUYING ON JOINT NAMES
€69,200 Transfer fees + €3,708 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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