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A plot of land for sale, Vasilikos district, is located on the southern coast of Cyprus and is the only industrial area in Cyprus with port facilities for industrial cargo and the possibility of expansion to accommodate the developing oil and gas industry of Cyprus and the Eastern Mediterranean. Currently, the area is home to Cyprus' largest power plant, VTTI oil depots, a cement plant, an industrial port and other industrial facilities. The Vasilikos area is also intended to create a liquefied natural gas plant and a government oil storage facility. A great investment.
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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