Ref. No. 21360 Residential Land

€508,000 Plus VAT
Ormideia Larnaka
Residential Land
15051m² Plot
Sales Agent Stefanos Constantinou

Property Description

This property comprises of a field and a 1/2 share of an adjoining field in Ormideia, Larnaca.

The field is located c. 500m east of Ormideia village centre and c 1,8km north of the sea.

The property totals 15,051sqm (10,703sqm and 1/2 share of 8,696sqm) and acquires a RoW from adjoining parcels. A distribution agreement is in place.

The immediate area of the property comprises of undeveloped parcels as well as some residential developments.

The property falls within residential planning zone H3 with 60% building density, 35% 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

€17,844
BUYING AS AN INDIVIDUAL
€16,920 Transfer fees + €924 Stamp Duty
€14,444
BUYING ON JOINT NAMES
€13,520 Transfer fees + €924 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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