Property Description

The property consists of 8 adjacent fields located in the Moniatis Municipality in Limassol District.

They are located circa 1,6km from the centre of the Moniatis Community and circa 600m north-east of the Limassol – Platres main road.

The fields are landlocked and have a slight sloping surface that is reasonable for development.

The total area of the fields available for sale is 15.523 sqm.

The fields offer good views of the area.

The property is covered by all the utility services i.e. water, electricity and telecommunication.

The immediate area mainly consists of residential fields and houses.

Moniatis is considered to be a winter resort.

The property comprises two residential planning zones H5 with 30% building density, 20% coverage, 2 floors and a maximum height of 8,3m and one field is zones as H6α (residential) with 25% building density, 15% coverage, 2 floors and a maximum height of 8,3m.

Ownership: one field totalling 4.036 sqm is owned 100% by BoC, seven fields are held at 50% of the total area i.e. 11.487 of 22.974 sqm. – total area for sale is 15.523 of 27.010 sqm.

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

€14,778
BUYING AS AN INDIVIDUAL
€14,000 Transfer fees + €778 Stamp Duty
€11,378
BUYING ON JOINT NAMES
€10,600 Transfer fees + €778 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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