€6,500,000 $6,814,189
Palourtis Estate Agents
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Pay in USD and save up to $238,497Key features
- Listing ID: 930030 (10841)
- Plot: 38324 sqm
Description
This unique opportunity relates to three adjacent beachfront fields, situated within the touristic planning zone, in a quiet and attractive location in Mazotos, Larnaca. The property is located approximately 3km southeast of the community center and only 3km southwest from the renowned tourist area of Pervolia, whilst the Larnaca Airport is only a short drive away.
As a unified property, this extensive piece of land covers an area 38,324m2. It benefits from having an almost rectangular shape and a level surface, whilst access is gained via a registered road along its northwestern boundary with a frontage of approximately 140m.
The property is ideal for a large-scale development such as the construction of a hotel, a holiday home/village project, a rehabilitation center, a pensioner’s resort, a sports center or even a mixed-use development of any of the above.
It is considered as an appealing investment opportunity with high yielding potential.
With Title deeds
Planning zone: Τ2α
Building Coefficient: 45%
Coverage Coefficient: 20%
Maximum Floors Allowed: 3
Maximum Building Height (m): 13,10
Subject to VAT
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.
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