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The prime residential land is located in Polis Chrysochous Municipality in Paphos.
The property has an irregular shape with a flat and even surface and benefits from a 300m road frontage .The total area of the land is 63,393 sqm with part of the field, 43,719sqm; falling into the touristic planning zone Τ3δ2α (of which c. 14,517sqm fall into the beach protection zone and the Natura 2000 protection area). The remaining c. 19,674sqm of the field fall into the protected planning zone (Δα2).
The property is located in a prime tourist area of Polis Chrysochous, consisting solely of holiday houses, hotels, shops, and other tourist establishments. It has excellent accessibility to village centre, as well as to the surrounding areas, where a plethora of facilities and services can be found.
The property has the potential to be covered by all utility services (water, electricity and telecommunication).
The property falls within the following two Planning Zones:
Commercial zone Τ3δ2α with the following parameters:
- For hotels: 30% building density, 15% coverage, 2 floors and a maximum height of 10m
- For touristic village: 20% building density, 15% coverage, 2 floors and a maximum height of 10m
- For houses: 15% building density, 15% coverage, 2 floors and a maximum height of 10m
and Protected zone Δα2 with a maximum building density coefficient of 1%, a land coverage coefficient of 1%, over 1 floor and 5 meters height.
The field falls within the NATURA 2000 protection area.
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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