Ref. No. 21568 Residential Land

€1,110,000 Plus VAT
Limassol Town Limassol
Residential Land
11045m² Plot
Sales Agent Stefanos Constantinou

Property Description

This property is a 50% share of a field in Agia Fylaxis area, Limassol.

The property is located c. 1,4km northeast of the center agia fylaxis and c. 550m northwest of the Agia Phylaxis lyceum.

The field has a total area of 22,091sqm (BoC owns 11,045sqm), has a regular shape and part of it has a flat even surface whereas part of it has a sloping surface. The plot benefits from a road frontage of c. 60m along 1st April Avenue on its west border and offers distant sea view.

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

The immediate area is comprises of residential developments as well as undeveloped parcels of land.

The property falls within residential planning zone Κα7, with building density coefficient of 80%, coverage coefficient 45%, in 3 floors and a height of 13,5m.

THE PROPERTY IS SUBJECT TO VAT

All urban planning 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

€43,128
BUYING AS AN INDIVIDUAL
€41,000 Transfer fees + €2,128 Stamp Duty
€39,728
BUYING ON JOINT NAMES
€37,600 Transfer fees + €2,128 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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