Ref. No. 21349 Touristic Land
€350,000
Plus VAT
Maroni
Larnaka
Touristic
Land
6423m²
Plot
Property Consultant
Gareth Ronweil
Property Description
The property consists of a field in Maroni, Larnaca.
The property is located c. 200 meters north of Zygi – Mazotos road, 330 meters north of the coast and 2,9km southeast of the centre of the village.
The property totals 6,423sqm and benefits of c. 42 m road frontage along a registered dirt road (northeast border). The property has an irregular narrow shape (L shape), flat surface and it offers an attractive sea view.
The immediate area comprises of residential developments, agricultural crops and unutilized parcels of land.
The property has the potential to be covered by all utility services (water, electricity and telecommunications).
7% of the total area (approximately 450sqm) falls within protection planning zone Z1 with 6% building density, 6% coverage, 2 floors and a maximum height of 8.3m.
93% of the total area (approximately 5.973sqm) falls within touristic planning zone T3β with:
• 30% building density for hotels, 20% coverage, 3 floors and a maximum height of 13.1m.
• 25% building density for touristic developments, 20% coverage, 2 floors and a maximum height of 8.3m.
• 20% building density for residential developments, 20% coverage, 2 floors and a maximum height of 8.3m.
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.
The property is located c. 200 meters north of Zygi – Mazotos road, 330 meters north of the coast and 2,9km southeast of the centre of the village.
The property totals 6,423sqm and benefits of c. 42 m road frontage along a registered dirt road (northeast border). The property has an irregular narrow shape (L shape), flat surface and it offers an attractive sea view.
The immediate area comprises of residential developments, agricultural crops and unutilized parcels of land.
The property has the potential to be covered by all utility services (water, electricity and telecommunications).
7% of the total area (approximately 450sqm) falls within protection planning zone Z1 with 6% building density, 6% coverage, 2 floors and a maximum height of 8.3m.
93% of the total area (approximately 5.973sqm) falls within touristic planning zone T3β with:
• 30% building density for hotels, 20% coverage, 3 floors and a maximum height of 13.1m.
• 25% building density for touristic developments, 20% coverage, 2 floors and a maximum height of 8.3m.
• 20% building density for residential developments, 20% coverage, 2 floors and a maximum height of 8.3m.
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
€11,208
BUYING AS AN INDIVIDUAL
€10,600 Transfer fees + €608 Stamp Duty
€7,808
BUYING ON JOINT NAMES
€7,200 Transfer fees + €608 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.
