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This asset is a plot in Softades, Larnaca. The plot is located c. 3,5km west of Pervolia village, 850m southeast of Kiti - Mazotos road and 300m from the beach. The asset has an area of 853 sqm, a regular rectangular shape with a flat even surface, and benefits from road frontage of c. 20m. The immediate area of the asset comprises scattered residential developments and undeveloped parcels of land. The property is covered by all essential services (electricity, water, and telecommunications). The property falls into touristic planning zone Τ2α with the following characteristics: - Hotels: 45% building density, 20% coverage, 3 floors, and a maximum height of 13,1m. - Touristic village/villas: 40% building density, 20% coverage, 2 floors and a maximum height of 8,3m. - Houses: 20% building density, 20% coverage, 2 floors, and a maximum height of 8,3m.
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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