Ref. No. 21356 Touristic Land
€485,000
Plus VAT
Agios Theodoros
Larnaka
Touristic
Land
7135m²
Plot
Sales Agent
Stefanos Constantinou
Property Description
The property is located in Agios Theodoros community in Larnaca district.
It is located c. 350m north from the Mazotos - Agios Theodoros road and 400m north from the beach.
The property has a rather irregular shape, totals 7,135sqm and falls into touristic planning zone (T3β) and offers partial sea view
It benefits from c. 4m meters road frontage along a road which is in the process to be registered (northeast border)
The property has the potential to be covered by water, electricity and telecommunication services
The wider area features sporadic residential development with mainly detached houses, empty fields utilized for agricultural purposes, mostly for dry cultivations, orchards and greenhouses. Asset is easily accessible via Limassol - Larnaca and Larnaca - Nicosia motorway as well as Zygi - Mazotos - Kiti coastal road.
The property is zoned as T3β (touristic) with this parameters:
- Hotels: 30% building density, 20% coverage, 3 floors and a maximum height of 13.1m
- Touristic villages: 25% building density, 20% coverage, 2 floors and a maximum height of 8.3m
- Houses: 20% building density, 20% 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.
It is located c. 350m north from the Mazotos - Agios Theodoros road and 400m north from the beach.
The property has a rather irregular shape, totals 7,135sqm and falls into touristic planning zone (T3β) and offers partial sea view
It benefits from c. 4m meters road frontage along a road which is in the process to be registered (northeast border)
The property has the potential to be covered by water, electricity and telecommunication services
The wider area features sporadic residential development with mainly detached houses, empty fields utilized for agricultural purposes, mostly for dry cultivations, orchards and greenhouses. Asset is easily accessible via Limassol - Larnaca and Larnaca - Nicosia motorway as well as Zygi - Mazotos - Kiti coastal road.
The property is zoned as T3β (touristic) with this parameters:
- Hotels: 30% building density, 20% coverage, 3 floors and a maximum height of 13.1m
- Touristic villages: 25% building density, 20% coverage, 2 floors and a maximum height of 8.3m
- Houses: 20% building density, 20% 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
€16,878
BUYING AS AN INDIVIDUAL
€16,000 Transfer fees + €878 Stamp Duty
€13,478
BUYING ON JOINT NAMES
€12,600 Transfer fees + €878 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.
