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15,887 SQM Tourist Plot for sale in Coral Bay, Paphos

Coral Bay, Paphos, Cyprus
15,887 SQM Tourist Plot for sale in Coral Bay, Paphos 222 Coral Bay
4400000 €4,400,000  ($4,822,256)
15,887 SQM Tourist Plot
Coral Bay, Paphos

€4,400,000  ($4,822,256)

FIRST CLASS HOMES

FIRST CLASS HOMES

Reg. No: 1256 | Lic. No: 258/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $168,779

Average Bank Rate (€4,400,000)
1 USD = 0.8816 EUR
$4,991,035

Mid-market rate (€4,400,000)
1 USD = 0.9124 EUR
$4,822,256

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.

Planning Zone

Tourist (Τ2Β)

Description: Tourist Areas - Hotels (Τουριστικες Ζωνες - Ξενοδοχεια)

Coverage: 0.2

Density: 0.45

Height: 10 meters

Allowed stories: 3

Development description: Local Plan Of Paphos (Τοπικο Σχεδιο Παφου)


Nearby planning zones

Residential: 0.98 Km

Commercial: 1.01 Km

Tourist: 0.31 Km

Industrial: 2.94 Km

Agricultural: 2.01 Km

Farm: 5.04 Km

Key features

  • Listing ID: 1684133 (23333)
  • Plot: 15887 sqm
  • Sea View
  • Water
  • Electricity
  • Road
  • Mountain View
  • Sea Front

Description

Coral Bay is a popular tourist resort in the Peyia municipality 6 km North of the city of Paphos.The coast to the north and to the south of Coral Bay is characterized by rocky headlands and sea caves, Coral Bay itself is a 600m crescent of soft white sand, enclosed by a pair of limestone headlands.Coral Bay beach carries an EU Blue Flag certification which means that it adheres to all standards, rules and regulations required by the relevant committee of the European Union.The broader area of Coral Bay encloses another beach called Potima Bay. It is situated about 1.5 km / 1 mile away bordering the boundaries of Kissonergaa village.Coral bay is a very popular tourist resort destination, with many restaurants, tavernas, and cafes, it appeals to families visting from all over the world, however mainly from the UK, Germany, Russia, Jordan and Israel.Touristic parcel of landSize 15,887 m245% building density20% coverage ratio3 floorsCan build 32, three bedroom villas of 130m2 + verandahs 

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
€8,708 ($9,543)
If buying on joint names
€8,708 ($9,543)
Transfer fees
If buying as an individual
€172,600 ($189,164)
If buying on joint names
€169,200 ($185,438)

Disclaimer - Property reference 1684133. 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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