Ref. No. 21384 Touristic Land

€971,000 Plus VAT
Psematismenos Larnaka
Touristic Land
16194m² Plot
Sales Agent Stefanos Constantinou

Property Description

This property is a field in Psematismenos, Larnaca.

The field is located c. 220m north of the sea, 1km northeast of the Zygi fishing shelter and 3,6km south of the centre of the village.

The property has an area of 16,194sqm, an irregular shape with a flat even surface and benefits from road frontage of 155m along the Zygi - Kiti road on its south border and 60m along its north border.

The immediate area of the property comprises of touristic and agriculture developments and undeveloped parcels of land.

The property is covered by all essential services (electricity, water and telecommunications).

The property falls into residential planning zone Τ3β with following characteristics:

- Hotels: 30% building density, 20% coverage, 3 floors and a maximum height of 13,1m.

- Touristic village/villas: 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

€37,290
BUYING AS AN INDIVIDUAL
€35,440 Transfer fees + €1,850 Stamp Duty
€33,890
BUYING ON JOINT NAMES
€32,040 Transfer fees + €1,850 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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