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8,560 SQM Land
Ayia Napa, Famagusta

€7,000,000  ($7,957,358)

SOLD IN 1 DAY

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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 $278,508

Average Bank Rate (€7,000,000)
1 USD = 0.8499 EUR
$8,235,865

Mid-market rate (€7,000,000)
1 USD = 0.8797 EUR
$7,957,358

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.

Planning Zone


Nearby planning zones

Residential: 0.77 Km

Commercial: 0.43 Km

Tourist: 0.47 Km

Industrial: 1.05 Km

Agricultural: 1.49 Km

Farm: 6.07 Km

Key features

  • Listing ID: 232765
  • Plot: 8560 sqm
  • Close to amenities
  • Attached to green area
  • Sea Views
  • Mountain Views
  • Seafront
  • Seafront to the most busy Sandy beach of Agia Napa
  • PRICE NEGOTIABLE

Description

This is a unique opportunity for investors interested in gaining a Cypriot passport as well as putting their money in a financially sound project that has a major profit margin.

A large piece of prime real estate land located next to the most popular strip of beach in all of Cyprus.

At a size of 8560m2 and with a build density area of 50%, the potential for this land, one of the best opportunities on the market today is huge with many possibilities.

ARCHITECTS PROPOSAL:

OPTION 1: RESIDENTIAL

Building Zone: 20%
Already Planning Permit being issued for the construction of Seven SEAFRONT villas with coverage of 350-400 sq meters villas.

OPTION 2: HOTEL APARTMENTS

Building Permit can be issued for building Touristic Hotel Apartments or Touristic suites.
In such case then:
50% Cover Density
50% Building Density

PRICE NEGOTIABLE

For privacy reasons, the advertiser has not indicated the exact address.
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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
€276,600 ($314,429)
If buying on joint names
€273,200 ($310,564)

Disclaimer - Property reference 232765. 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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