€87,000 $97,227
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.
Pay in USD and save up to $3,403Planning Zone
Other (Ζ1)
Description: Protection Zone (Ζωνη Προστασιας)
Coverage: 0.06
Density: 0.06
Height: 8.3 meters
Allowed stories: 2
Development description: Policy Statement (Excluding Zone 4) (Δηλωση Πολιτικης (Χωρ. Περιοχη 4))
Nearby planning zones
Residential: 1.77 Km
Commercial: 9.73 Km
Tourist: 0.33 Km
Industrial: 3.66 Km
Agricultural: 1.03 Km
Farm: 5.54 Km
Key features
- Listing ID: 1520392 (altia2354)
- Plot: 5270 sqm
Description
A prime Special Protection field measuring 5,270 sq.m. in Maroni, Larnaca.
The property boasts a rectangular shape and flat surface, with excellent access via registered roads and 60m of frontage. Strategically located just 7km from the B1 motorway, 1km from the beach, and 4km from Zygi community center, this asset offers significant development potential. Falling within Zone Z1, the property allows for a 6% building coefficient, 6% coverage, and permission for 2 floors (up to 8.3m), making it ideal for coastal investment opportunities.
Currently occupied by a tenant for greenhouse cultivation, the asset also includes a small prefabricated unit. An existing 10-year lease agreement, effective from 15.01.2021, ensures steady rental income, with the option for a 4-year extension until 2035.
Lease terms:
15.01.2021 – 14.01.2024: €800/year
15.01.2024 – 15.01.2027: €1,000/year
15.01.2027 – 14.01.2031: €1,200/year
15.01.2031 – 14.01.2035: €1,400/year
This asset presents a solid long-term investment opportunity with guaranteed income and future development potential.
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.
Disclaimer - Property reference 1520392. 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.