Ref. No. 21674 Residential Land

€410,000 Plus VAT
Ineia Paphos
Residential Land
8344m² Plot
Property Consultant Gareth Ronweil

Property Description

This property consists of field in Ineia, Paphos.

The field is located c. 650m west of Droushia Heights Hotel and c. 660m north of Ineia community centre.

The property totals c. 8,344sqm with an irregular shape and a slightly sloping surface. It benefits from c. 70m road frontage along a registered dirt road (northwest border).

The immediate area is characterized mainly by undeveloped land as it is surrounded by many similar undeveloped parcels along with some residential developments.

The property has the potential to be covered by all utility services (electricity, water and telecommunications)

The property falls within dual planning zone:

- c. 3,504sqm (42%) falls within residential planning zone Κα8δ with 60% building density, 35% coverage, 2 floors and a maximum height of 7m.

- c. 4,840sqm (58%) falls within residential planning zone Κα10β with 30% building density, 20% coverage, 2 floors and a maximum height of 7m.

THE PRICE IS SUBJECT TO VAT.

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

Plus VAT

Transfer Fees

€13,728
BUYING AS AN INDIVIDUAL
€13,000 Transfer fees + €728 Stamp Duty
€10,328
BUYING ON JOINT NAMES
€9,600 Transfer fees + €728 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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