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A residential field in a very good location in Paralimni Municipality of Famagusta District. It is located at a distance of 550 meters northwest of the METRO supermarket (Protaras avenue) and at a distance of 1.5km southwest of the beautiful beaches of Protaras. The area of the property is characterized by touristic and residential development. It is situated near numerous amenities and services such as shops, banks, restaurants, and more. It has an irregular shape and an even surface. It is noted that a registered road (not constructed yet) is crossing the property in its northern part. In addition, it is located at a distance of 15 meters (approx.) west of the nearest registered public road. If access is obtained, this field will be 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 its bustling building activity (construction of holiday apartments and houses).
Planning zone: Κα8
Building Coefficient: 60%
Coverage Coefficient: 35%
Maximum Floors Allowed: 2
Maximum Building Height (m): 10
Use: Residential
Land area: 3,546 m2 (whole share)
Title deed: The property has a separate title deed
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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