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31,690 SQM Plot for sale in Ormideia, Larnaca

Ormideia, Larnaca, Cyprus
31,690 SQM Plot for sale in Ormideia, Larnaca 171 Ormideia
8000000 €8,000,000  ($8,444,938)
31,690 SQM Plot
Ormideia, Larnaca

€8,000,000  ($8,444,938)

SOLD IN 1 DAY
Fox Smart Estate Agency Larnaca

Fox Smart Estate Agency Larnaca

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

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.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $295,573

Average Bank Rate (€8,000,000)
1 USD = 0.9153 EUR
$8,740,511

Mid-market rate (€8,000,000)
1 USD = 0.9473 EUR
$8,444,938

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.

Key features

  • Listing ID: 1227665 (28810)
  • Plot: 31690 sqm

Description

Two touristic plots of total 31690 square meters for sale in Ormidia.
One plot spans an area of 19.625 square meters, offering a buildable density of 40%, a coverage allowance of 15%, and permission for constructing three floors up to a height of 13.10 meters.

On the other hand, the other plot covers 12.065 square meters with an expansive coastline of approximately 400 meters. Combined, both plots provide a contiguous area of 31.690 square meters, presenting a strategic positioning with direct access to both water and road, complemented by a 40% buildable density.

Given the ideal strategic location, we envision this area as an exceptional site for potential developments such as a hotel, touristic village, villas, rehabilitation center, sports and conference center or any other ventures outlined in the Planning Permit report for the Ormidia area.

Furthermore, the location benefits from its proximity to key areas, including Ayia Napa Marina (15 mins), Larnaca City Center (15 mins), Larnaca International Airport (20 mins) and the Capital Nicosia (40 mins).

The selling price is 250 euros per square meter, a total of approximately 8 million euros.
For additional information, please contact us.

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
€15,908 ($16,792)
If buying on joint names
€15,908 ($16,792)
Transfer fees
If buying as an individual
€316,600 ($334,208)
If buying on joint names
€313,200 ($330,619)

Disclaimer - Property reference 1227665. 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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