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This piece of SEAFRONT land is ready for immediate Development. Very close to the Ayia Thekla Marina which has already started been constructed.
The property is served by utility services (water, telecommunication and electricity). The immediate area has experienced significant levels of growth driven by residential and tourism related developments. It is characterized by touristic complex developments, which are mainly comprised of detached and semi-detached houses. The area has experienced increased activity levels related to the construction of the Ayia Thekla Marina.
The property is situated in an excellent location adjacent to the coastline.
Building Coefficients:
a) Hotels: 40% density coefficient, 20% coverage, 3 floors and 13,10 m height
b) Tourist Villages 35% density coefficient, 20% coverage, 2 floors and 8,30 m height and
c) Residential 20 % density coefficient, 20% coverage, 2 floors and 8,30 m height.
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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