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This fabulous plot is below Makarios Avenue and very near the Alassia Hotel. This is the perfect investment for a small development.
2 existing houses on the plot therefore no VAT applicable.
The building density is 140% and the coefficient is 50% allowing 4 floors (four whole floor apartments can be built).
A great opportunity at a very good below market price.
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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