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14172 SQM Land for sale in Ayia Napa, Famagusta

Ayia Napa, Famagusta, Cyprus
14172 SQM Land for sale in Ayia Napa, Famagusta 273 Ayia Napa
12000000 €12,000,000  ($12,835,803)
14172 SQM Land
Ayia Napa, Famagusta

€12,000,000  ($12,835,803)

Arazo Real Estate

Arazo Real Estate

Reg.No: 851 / Licensed No: 434/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $449,253

Average Bank Rate (€12,000,000)
1 USD = 0.9033 EUR
$13,285,056

Mid-market rate (€12,000,000)
1 USD = 0.9349 EUR
$12,835,803

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1236800 (8373)
  • Plot: 14172 sqm
  • Zone Tourist

Description

Situated in one of the most picturesque coastal settings between Ayia Napa and Cape Greco, only a few meters from the sea, this 14,172 (net) sq.m plot, overlooks the turquoise waters of Cape Greco.

Ideal for investment, this plot can be utilized in 4 different options. First option by developing 12 luxury villas of average 300 sq.m each in their own individual plot area of approximately 1000 sq.m, the second option can be a 4-star hotel that will offer 110 rooms. As a third option, a 5-star hotel with 100 rooms can be developed and as a fourth option, a combination of a 5-star hotel of 50 rooms together with 23 2-bedroom apartments.

Buying expenses

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.

Stamp Duties
If buying as an individual
€23,908 ($25,573)
If buying on joint names
€23,908 ($25,573)
Transfer fees
If buying as an individual
€476,600 ($509,795)
If buying on joint names
€473,200 ($506,159)

Disclaimer - Property reference 1236800. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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