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87,823 SQM Tourist Land for sale in Mazotos, Larnaca

Mazotos, Larnaca, Cyprus
87,823 SQM Tourist Land for sale in Mazotos, Larnaca 230 Mazotos
20000000 €20,000,000  ($21,730,179)
87,823 SQM Tourist Land
Mazotos, Larnaca

€20,000,000  ($21,730,179)

Smart Assets Real Estate

Smart Assets Real Estate

Reg. No: 1109 | Lic. No: 317/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $760,556

Average Bank Rate (€20,000,000)
1 USD = 0.8893 EUR
$22,490,735

Mid-market rate (€20,000,000)
1 USD = 0.9204 EUR
$21,730,179

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Planning Zone

Tourist (Τ2Ε)

Description: Tourist Area (Τουριστικη Ζωνη)

Coverage: 0.2

Density: 0.45

Height: 13.1 meters

Allowed stories: 3

Development description: Policy Statement (Excluding Zone 3) (Δηλωση Πολιτικης (Χωρ. Περιοχη 3))


Nearby planning zones

Residential: 2.33 Km

Commercial: 11.81 Km

Industrial: 2.88 Km

Agricultural: 2.33 Km

Farm: 4.03 Km

Key features

  • Listing ID: 1548154 (SA29215)
  • Plot: 87823 sqm

Description

Reference ID: details: €20,000,000The asset totals 87,823 sqm, falls under a touristic zone (Τ2ε) “arming” it with three development alternatives , either tourist, residential or hotel development and benefits from road frontage of 130meters along the Meneou- Pervolia road. The asset has a polygonal shape, an even flat surface and a total frontage of approximately 360 meters along the sea shore.The asset is in close proximity to the national motorway.The subject property has a high development potential due to the adjacent residential developments, the proximity to the sea shore and Mazotos Municipality as well. The beachprotection zone is circa 720sqm。Mazotos is an agricultural community turned touristic.The immediate area of the subject asset consists of residential developments and empty plots which lie within touristic and agricultural zone. It encompasses recent residential developments proximate to the sea shore, with swimming pools and well kept gardens.The property will be developed into a beach detached villa project, including 3 / 4 / 5 / 6 and 9 bedrooms. Each villa has a garage, swimming pool, basement, attic, garden and roof garden.• Management envisages that the project will include the following:A. 84 beach detached villas, in order to serve high-quality families around the world, have carefully designed six different styles of villas, including classic, exquisite, luxurious, Royal European style, Royal Mediterranean style and Imperial Chinese quadrangle villa, with an area of 163㎡, 282㎡, 486㎡, 525㎡, 641㎡, 880㎡ and 960㎡.B. 1 super large club with an area of nearly 9000㎡, 22 one bedroom art studios, as well as high-end life service supporting facilities such as children's playground, herbal garden, public beach, central Park, activity / art exhibition area, etc.VILLAS - 6 TYPES OF VILLAS► 7 nine-bedroom villas|1 type► 7 six-bedroom villas|2 types► 14 five-bedroom villas|1 type►48 four-bedroom villas|1 type► 8 two-bedroom villas|1 typeTotal:84ART STUDIOS22 one-bedroom art studiosCLUBHOUSE AMENITIES► GF: restaurant, cafe, art gallerie, bar► Basement: Spa&Health center► 1F: restaurant, coffee bar, VIP Hall, famous brand store, jewelry store► 2F: Chinese restaurant, European restaurant, VIP private room, local restaurant► Roof: Rooftop bar and swimming pool with panoramic sea view

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.

Stamp Duties
If buying as an individual
€39,908 ($43,360)
If buying on joint names
€39,908 ($43,360)
Transfer fees
If buying as an individual
€796,600 ($865,513)
If buying on joint names
€793,200 ($861,819)

Disclaimer - Property reference 1548154. 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.

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