€690,000 $722,748
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Pay in USD and save up to $25,296Key features
- Listing ID: 864404 (122701)
- Plot: 3337 sqm
- Building coefficient: 20%
- Coverage coefficient: 20%
- Maximum floors allowed: 2
- Planning zone: ΠΚ
- Share: 1/1
Description
Plot within holiday home zone in the tourist area of Protaras, in Paralimni Municipality. The property abuts onto Protaras – Kavo Greko Avenue approximately 1.2km southeast of Agia Triada roundabout and approximately 1.3km south of Trinity Beach. The plot has a large extent, a rectangular shape, and even land topography. It has a corner location with extensive road frontage of 117 meters along its northern and eastern boundaries. The low building density factor (20%) of the area, is a guarantee for an organized residential development. It is an ideal investment opportunity for a property developer as it can be developed as a single property or divided up into plots. Empty plots are very sought-after in the area due to their bustling building activity (construction of holiday apartments and houses).
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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