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4,500 SQM Tourist Land
Protaras, Famagusta

€6,300,000  ($7,194,943)

Purple International Real Estate

Purple International Real Estate

Reg No.: 1052 / License No.: 512/E.

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $251,823

Average Bank Rate (€6,300,000)
1 USD = 0.8460 EUR
$7,446,766

Mid-market rate (€6,300,000)
1 USD = 0.8756 EUR
$7,194,943

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

Tourist (Τ1ΣΤ1)

Description: Tourist Area (Τουριστικη Ζωνη)

Coverage: 0.25

Density: 0.5

Height: 13.5 meters

Allowed stories: 3

Development description: Local Plan Of Paralimni, Ayia Napa, And Deryneia (Τοπικο Σχεδιο Παραλιμνιου. Αγιας Ναπας Και Δερυνειας)


Nearby planning zones

Residential: 4.1 Km

Commercial: 4.66 Km

Tourist: 0.53 Km

Industrial: 1.91 Km

Agricultural: 0.96 Km

Farm: 11.45 Km

Key features

  • Listing ID: 7543027 (787)
  • Plot: 4500 sqm

Description

A prime plot of land spanning 760 square meters, located on the edge of a protected water zone, offering stunning sea views and nestled between two pristine sandy beaches.

This expansive property is situated in Cyprus's most sought-after coastal area, renowned for luxury housing developments.

Its exceptional location makes it a standout investment opportunity, perfect for a variety of projects tailored to the high demand in the area. Whether you envision private villas, apartments, or an exclusive boutique hotel, the possibilities are endless.

Zoning Details (T1στ1 Zone):
Residential Development: 30% Building Density, 25% Coverage, 2 floors permitted, up to 10 meters height.
Hotel Development: 50% Building Density, 25% Coverage, 3 floors permitted, up to 13.5 meters height.
Holiday Resorts, Villas, or Apartments: 40% Building Density, 25% Coverage, 2 floors permitted, up to 10 meters height.
Additionally, plans for 4 luxury villas, each 200 sq.m., with plots ranging from 550 to 1,000 sq.m., are among the exciting possibilities for this property.

Feasibility studies available for serious buyers.

We highly recommend scheduling a viewing to fully appreciate the unmatched potential of this extraordinary property.
 

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
€248,600 ($283,915)
If buying on joint names
€245,200 ($280,032)

Disclaimer - Property reference 7543027. 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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