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Description: Residence (Κατοικια)
Coverage: 0.5
Density: 0.9
Height: 10 meters
Allowed stories: 2
Development description: Local Plan Of The Free Province Of Famagusta (Τοπικο Σχεδιο Ελευθερης Επαρχιας Αμμοχωστου)
Residential: 0.42 Km
Commercial: 0.58 Km
Tourist: 1.7 Km
Industrial: 1.47 Km
Agricultural: 0.72 Km
Farm: 2.83 Km
The specific piece of land is located right on the edge and within the 90% residential building density of Xylofagou. The residential area nearby to this land has been developed considerably during the last fifteen years. Electricity, water, telephone, sewage are all attached to the land. The plot is adjacent to a public asphalt road. Ideal for immediate residential development plot division, or any other building construction. The specific land for sale has already been issued a planning and building permit for the development of 104 apartments. This works out at less than €10,000 per apartment Immediate development is imminent.
Building Coefficients:
Building Factor: 90%
Cover Factor: 50%
Building Storeys: 2
Building height: 10 meters
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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