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The property consists of two adjacent fields with a total area of 8.690sqm falling within the boundaries of Pervolia village. The plots are located approximately 16 km south-west of Larnaca, 6 km south-west of Larnaca International Airport and a kilometre west of the Pervolia Light House. Being located 1 km southwest from the village core, the asset has great accessibility via the coastal Arcbishop Makariou III Avenue and is only 400 metres away from the beach.A small part (520sqm) of one of the fields (reg. no. 0/4749) falls within the planning zone 3 (residential zone) with a maximum building density coefficient of 60% and a coverage coefficient of 35% over 2 floors and 8,30 metres height. The remaining part of the field, as well as the adjacent field with registration number 0/3834, fall within the planning zone 2 (Tourism) with the following coefficients: a) Hotels: 45% density coefficient, 20% coverage, 3 floors and 13,10 m height b) Tourist Villages 40 % density coefficient, 20% coverage, 2 floors and 8,30 m height and c) Residential 30 % density coefficient, 20% coverage, 2 floors and 8,30 m height. Pervolia is an idyllic coastal village south-west of Larnaca. Despite the small size of the village with a population of around 1.600, the village has been established over the years as a touristic destination due to its privileged coastal location mostly for families seeking relaxation in a secluded area away from city traffic that has not lost its unique character.The immediate area features a number of residential and touristic developments mainly in the form of organised complexes of houses, apartments and maisonettes.
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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