It is located in Ayia Thekla near New Marina and New Five Star Hotel both of them in process.
a) Hotels: 40% density coefficient, 20% coverage, 3 floors and 13,10 m height
b) Tourist Villages 35% density coefficient, 20% coverage, 2 floors and 8,30 m height and
c) Residential 20 % density coefficient, 20% coverage, 2 floors and 8,30 m height.
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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