Ref. No. 23640 Touristic Land

€2,090,000 Plus VAT
Poli Crysochous Paphos
Touristic Land
20512m² Plot
Property Consultant Gareth Ronweil

Property Description

This property consists of two adjoining fields in Polis Chrysochous municipality, Paphos district.

The property is located 500m south of the nearest beach, 700m southwest of the Polis Camping site and 1,5km southeast of the Latsi marina.

The two fields have an area of 11,362sqm and 9,150sqm for a total area of 20,512sqm and a combined road frontage of c. 348m. The fields benefit from a relatively flat surface and offer attractive views of the nearby areas and the sea.

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

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

The asse falls within planning Zone Τ3δ1 with the following parameters:

-for Hotels: 30% building density, 20% coverage, 2 floors and a maximum height of 10m.

-for Touristic villages: 25% building density, 20% coverage, 2 floors and a maximum height of 10m.

-and for Houses: 20% building density, 20% coverage, 2 floors and a maximum height of 10m.

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

€84,288
BUYING AS AN INDIVIDUAL
€80,200 Transfer fees + €4,088 Stamp Duty
€80,888
BUYING ON JOINT NAMES
€76,800 Transfer fees + €4,088 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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