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The property consists of two adjacent parcels of land in Paralimni, Famagusta.
It is located circa 1,8km from the Paralimni General Hospital, 700m from the Paralimni Police Station and 650m north from the D’ Paralimni Elementary School. It totals 11,577sqm, falls into residential planning zone and has a rather irregular shape. It offers appealing distant sea views and benefits from road frontage of circa 27m along a publicly registered road. The asset is covered by all the utility services i.e. electricity, water and telecommunication. The immediate area is characterized by residential developments including detached and semi-detached houses, touristic developments (houses and blocks of flats) as well as land division activities.
The property is zoned as Κα8 (residential) with 60% building density, 35% coverage, 2 floors and a maximum height of 8,3m.
Building Coefficients:
Plot Area: 11,577 sq meters
Building Factor: 60%
Cover Factor: 35%
Building Height: 8.3 meters
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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