Ref. No. 21385 Touristic Land

€1,010,000 Plus VAT
Softades Larnaka
Touristic Land
16169m² Plot
Sales Agent Stefanos Constantinou

Property Description

This property is a field in Softades, Larnaca.

The field is located c. 600m south Pervolia – Mazotos road, c. 2,6km east of the Camel Park and c. 450m north of the sea.

The property has an area of 16,169sqm and has an irregular shape with a smooth flat surface. It benefits from c. 80m road frontage along a registered road on its south border.

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

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

The property falls within two planning zones:

-12,612sqm fall within touristic planning zone Τ2α with the following parameters:

- For hotels: 45% building density, 20% coverage, 3 floors and a maximum height of 13.1m

- For touristic village: 40% building density, 20% coverage, 2 floors and a maximum height of 8,3m

- For houses: 20% building density, 20% coverage, 2 floors and a maximum height of 8.3m

-3,557sqm fall within agricultural planning zone Γ3 with a building density coefficient of 10% and a coverage coefficient of 10%, over 2 floors and 8.3m maximum height.

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

€38,928
BUYING AS AN INDIVIDUAL
€37,000 Transfer fees + €1,928 Stamp Duty
€35,528
BUYING ON JOINT NAMES
€33,600 Transfer fees + €1,928 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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