€900,000 $1,005,705
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Pay in USD and save up to $35,200Planning Zone
Tourist (Τ2Β1Α)
Description: Tourist Zones (Τουριστικες Ζωνες)
Coverage: 0.2
Density: 0.4
Height: 13.1 meters
Allowed stories: 3
Development description: Special Policy Statement Of Paralimni (Ειδικη Δηλωση Πολιτικης Παραλιμνiου)
Nearby planning zones
Residential: 1.4 Km
Commercial: 1.28 Km
Industrial: 3.04 Km
Agricultural: 1.62 Km
Farm: 6.88 Km
Key features
- Listing ID: 1532560 (8553)
- Plot: 3742 sqm
Description
Amazing Plot of Land with Sea View for sale
An investment opportunity at one of the most desirable locations of the whole island!
This nice shaped plot of land sized at 3742 m² is adjacent to an asphalt road and is located just a few hundred meters away from lovely sandy bays (some are blue flag awarded) and just 600 meters from numerous amenities, including shops, supermarkets, bars, tavernas and restaurants open all year round.
The plot is within Τ1στ2 Zone with Building Density at 30% with 25% Coverage, 2 floors allowed up to 10 meters for Residential Developments. According to legislation the investor could apply to buy an extra 6% building density.
The municipal new zoning also allows the following additional options:
Development of a hotel - Building Density at 50% with 25% Coverage, 3 floors allowed up to 13.5 meters.
Development of holiday resort, villas, apartments - Building Density at 40% with 25% Coverage, 2 floors allowed up to 10 meters.
Conveniently situated in Kapparis touristic area, this plot is ideal for both permanent residency as well as holidays.
Due to elevation any development will benefit from amazing sea views especially on upper floors and roof gardens.This is an ideal property to construct between 6-8 detached luxury villas.
Buying expenses
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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