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3,742 SQM Tourist Land for sale in Kapparis, Famagusta

Kapparis, Famagusta, Cyprus
3,742 SQM Tourist Land for sale in Kapparis, Famagusta 207 Kapparis
900000 €900,000  ($937,620)
3,742 SQM Tourist Land
Kapparis, Famagusta

€900,000  ($937,620)

Arena Properties

Arena Properties

Reg. No: 1015 / Licensed. No: 481/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $32,817

Average Bank Rate (€900,000)
1 USD = 0.9274 EUR
$970,437

Mid-market rate (€900,000)
1 USD = 0.9599 EUR
$937,620

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Planning Zone

Tourist (Τ1ΣΤ2)

Description: Tourist Area (Τουριστικη Ζωνη)

Coverage: 0.25

Density: 0.5

Height: 13.5 meters

Allowed stories: 3

Development description: Local Plan Of Paralimni, Ayia Napa, And Deryneia (Τοπικο Σχεδιο Παραλιμνιου. Αγιας Ναπας Και Δερυνειας)


Nearby planning zones

Residential: 0.38 Km

Commercial: 0.3 Km

Industrial: 3.04 Km

Agricultural: 2.56 Km

Farm: 6.06 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.

Stamp Duties
If buying as an individual
€1,708 ($1,779)
If buying on joint names
€1,708 ($1,779)
Transfer fees
If buying as an individual
€32,600 ($33,963)
If buying on joint names
€29,200 ($30,421)

Disclaimer - Property reference 1532560. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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