This stunning piece of land has the ideal location for investment purposes! It is located in the center of the tourist attraction beach resort of Ayia Napa. Most specifically it is 300 meters inland from the famous Nissi Beach in a quiet residential spot.
The land is already being fenced and ready for construction. There is a building license already issued for the development of 10, four bedroom villas. Two of the villas are already being constructed and finished and ready for usage.
Land for sale includes the two finished villas of approximately 195 sq meters each, plus the rest of the land with an issued building license for building an other eight identical villas in the land.
Cover Factor: 25%
Building Factor: 35%^
Height: 8.3 meters
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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