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The present Skeleton villa is a two bedroom villa of 120 square meters covered area constructed in year 1990.
In 1997, a building permit for extending/constructing a four bedroom villa 210 sq meters has been issued according to the building density of the time.
Building density has dropped since then and the building permit cannot be renewed any more. Not enough density to build anything at the moment.
New owner will have to complete according to expired building permit/higher building density and apply for the certificated of final approval on the basis that the house was finished previously when the building permit allowed it to be build.
The property stands on a slopping plot within the green area of Cape Greco and enjoys clear unobstructed Sea Views from the first floor.
The property its for sale at the current stage. Not Finished!
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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