Ref. No. 21487 Agricultural Land

€630,000 No VAT
Foinikaria Limassol
Agricultural Land
112526m² Plot
Property Consultant Gareth Ronweil

Property Description

This property consists of five adjoining fields in Foinikaria, Limassol

The property is located c. 1,6km northeast of the centre of the Foinikaria.

The property has a combined area of 112,526sqm, has an irregular shape with sloping surface and benefits from a road frontage of c. 35m along its north border and 5m along its southwest border and is expected to benefit from a proposed road network.

The immediate area comprises of pine tree forest as well as some scattered residential developments.

The property is not covered by any utility services (water, electricity and telecommunication)

The property falls within two planning zones:

- 97,164sqm agricultural planning zone Γ3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8.3m

-15,362sqm fall into protected planning zone Z3 with 1% building density, 1% coverage, 1 floors and a maximum height of 5m

All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.

Property Features

No VAT

Transfer Fees

€22,968
BUYING AS AN INDIVIDUAL
€21,800 Transfer fees + €1,168 Stamp Duty
€19,568
BUYING ON JOINT NAMES
€18,400 Transfer fees + €1,168 Stamp Duty
The above calculations are an indication of your tax liability and legal fees when buying a property in Cyprus. The Cyprus Land Registry calculations may differ since are based on thier own property valuation price.
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