Ref. No. 22498 Touristic Land
€1,140,000
Plus VAT
Sotira
Famagusta
Touristic
Land
6404m²
Plot
Sales Agent
Gareth Ronweil
Property Description
This property is an under-division plot (No.3) in Sotira, Famagusta.
The property is located c. 400m northwest Agia Thekla beachfront and c. 2km west of Ayia Napa Marina.
The property has an area of 6,404sqm and will benefit from a road frontage of along a registered road.
The immediate area comprises of touristic developments as well as undeveloped parcels of land.
The property falls into touristic planning zone T2β with the following characteristics:
- Hotels: 40% building density, 25% coverage, 3 floors and a maximum height of 13,5m.
- Touristic village/villas: 35% building density, 25% coverage, 2 floors and a maximum height of 10m.
- Houses: 20% building density, 20% coverage, 2 floors and a maximum height of 10m.
Owner: Bank of Cyprus Public Company Ltd & Emovera Properties Ltd
THE PRICE IS SUBJECT TO VAT.
Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 14/02/2024.
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. 400m northwest Agia Thekla beachfront and c. 2km west of Ayia Napa Marina.
The property has an area of 6,404sqm and will benefit from a road frontage of along a registered road.
The immediate area comprises of touristic developments as well as undeveloped parcels of land.
The property falls into touristic planning zone T2β with the following characteristics:
- Hotels: 40% building density, 25% coverage, 3 floors and a maximum height of 13,5m.
- Touristic village/villas: 35% building density, 25% coverage, 2 floors and a maximum height of 10m.
- Houses: 20% building density, 20% coverage, 2 floors and a maximum height of 10m.
Owner: Bank of Cyprus Public Company Ltd & Emovera Properties Ltd
THE PRICE IS SUBJECT TO VAT.
Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 14/02/2024.
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
€44,388
BUYING AS AN INDIVIDUAL
€42,200 Transfer fees + €2,188 Stamp Duty
€40,988
BUYING ON JOINT NAMES
€38,800 Transfer fees + €2,188 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.
