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Pay in USD and save up to $16,799Specific land is found on a unique elevated location, on the top of Agia Napa enjoying clear magnificent Agia Napa Town views plus views of the whole south coast & sea. A development study has been done for the specific land and it is possible to construct four villas of 153 sq meters each one with 440 sq meters of land for each villa. At the moment, there is a large 5 bedroom, 3 bathroom villa of 600 sq meters covered area on the land which was constructed in year 1972. The villa is very old and even though it is liveable, it requires complete demolishing or complete renovation from scrap. It is important to say that the land benefits from the fact that it is totally surrounded by green land where nothing is allowed to be constructed. The property is also free from VAT charges.
Building Coefficients:
Building Zone: Κα9α*
Storeys: 2
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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