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This asset comprises of two adjoining fields in Agios Theodoros, Larnaca.The asset is located a 3.8km southeast of Maroni village and 170m north of the sea.The asset has a total area of 11,920sqm and benefits from a ROW from adjoining parcels.The immediate area comprises of undeveloped parcels of land as well as some residential developments (holiday homes).The asset falls within touristic planning zone T3 with the following parameters:-Hotels: 30% building density, 20% coverage, 3 floors and a maximum height of 13.1m-Touristic villages: 25% building density, 20% coverage, 2 floors and a maximum height of 8.3m-Houses: 20% building density, 20% coverage, 2 floors and a maximum height of 8.3m.
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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