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650 SQM Commercial Plot
Xylofagou, Larnaca

€90,000  ($104,453)

SOLD
Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!

Planning Zone

Commercial (ΕΒ-ΚΕΠ)

Description: Commercial And Other Related Activities (Εμπορικες Και Αλλες Συναφεις Δραστηριοτητες)

Coverage: 0.7

Density: 1.2

Height: 8.3 meters

Allowed stories: 2

Development description: Local Plan Of The Free Province Of Famagusta (Τοπικο Σχεδιο Ελευθερης Επαρχιας Αμμοχωστου)


Nearby planning zones

Residential: 0.08 Km

Tourist: 2.46 Km

Industrial: 2.19 Km

Agricultural: 1.29 Km

Farm: 2.83 Km

Key features

  • Listing ID: 938951
  • Plot: 650 sqm
  • Close to amenities
  • Title deeds available
  • Walking distance to bus service
  • No VAT

Description

Commercial plot 650 sqm (two pieces - 126 sqm, 524 sqm) at the center of Xylophagou village, Larnaca District. The location is considered unique as the plots are close to the main commercial avenue. All the supermarkets, restaurants, tavernas, and cafes are within walking distance. It is important to note that there is a very old bungalow built in the year 1940, which is registered on one of the two Plot Title Deeds. The property could be an excellent opportunity for someone who wants to construct his/her own home or a block of apartments right in the center of town. It falls within planning zone Εβ-ΚΕΠ (Commercial) with a maximum building ratio of 120%, coverage ratio of 70%, on 2 floors, and a maximum height of 8.3m.


Building Coefficient (Εβ-ΚΕΠ): 100%
Building Factor: 120%
Cover Factor: 70%
Height: 8.3m
Floors: 2

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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€1,400 ($1,625)
If buying on joint names
€1,350 ($1,567)

Disclaimer - Property reference 938951. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.