Ref. No. 21819 Residential Land
€1,465,000
Plus VAT
Peyia
Paphos
Residential
Land
27828m²
Plot
Sales Agent
Stefanos Constantinou
Property Description
The property comprises of a field and a share of two adjacent fields in Pegeia, Paphos.
The property is located c. 1,4km northwest of Mavrokolimpos dam, 400m northeast of Pegeia – Akoursos road and c. 1,7km northeast of the sea.
The property has an area of c. 27,828sqm (14,382sqm, 11/103 share of 34,560sqm and 7/12 share of 16,723sqm). It benefits from a total frontage of c. 665m along registered footpaths on its north, northeast and south borders. No distribution agreement is in place.
The immediate area comprises of agricultural as well as undeveloped parcels of land.
The three fields falls within three planning zones:
-41,446sqm fall into agricultural zone Γ3 with 10% building density, 10% coverage, in 2 floors and a maximum height of 8,3m.
-20,763sqm fall into residential zone Π3α with 25% building density, 25% coverage, in 2 floors and a maximum height of 8,3m.
-3,456sqm protection zone Z3 with 1% building density, 1% coverage, in 1 floor and a maximum height of 5m.
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.
The property is located c. 1,4km northwest of Mavrokolimpos dam, 400m northeast of Pegeia – Akoursos road and c. 1,7km northeast of the sea.
The property has an area of c. 27,828sqm (14,382sqm, 11/103 share of 34,560sqm and 7/12 share of 16,723sqm). It benefits from a total frontage of c. 665m along registered footpaths on its north, northeast and south borders. No distribution agreement is in place.
The immediate area comprises of agricultural as well as undeveloped parcels of land.
The three fields falls within three planning zones:
-41,446sqm fall into agricultural zone Γ3 with 10% building density, 10% coverage, in 2 floors and a maximum height of 8,3m.
-20,763sqm fall into residential zone Π3α with 25% building density, 25% coverage, in 2 floors and a maximum height of 8,3m.
-3,456sqm protection zone Z3 with 1% building density, 1% coverage, in 1 floor and a maximum height of 5m.
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
€58,038
BUYING AS AN INDIVIDUAL
€55,200 Transfer fees + €2,838 Stamp Duty
€54,638
BUYING ON JOINT NAMES
€51,800 Transfer fees + €2,838 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.
