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The property is located in Agios Theodoros community in Larnaca district.
It is located c. 350m north from the Mazotos - Agios Theodoros road and 400m north from the beach.
The asset has a rather irregular shape, totals 7,135sqm and falls into touristic planning zone (T3β) and offers partial sea view
It benefits from c. 4m meters road frontage along a road which is in the process to be registered (northeast border)
The property has the potential to be covered by water, electricity and telecommunication services
The wider area features sporadic residential development with mainly detached houses, empty fields utilized for agricultural purposes, mostly for dry cultivations, orchards and greenhouses. Asset is easily accessible via Limassol - Larnaca and Larnaca - Nicosia motorway as well as Zygi - Mazotos - Kiti coastal road.
The property is zoned as T3β (touristic) with this parameters:
- Hotels: 30% building density, 20% coverage, 3 floors and a maximum height of 13.1m
- Touristic villages: 25% building density, 20% coverage, 2 floors and a maximum height of 8.3m
- Houses: 20% building density, 20% coverage, 2 floors and a maximum height of 8.3m .
THE PRICE IS SUBJECT TO VAT.
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
The property is located in Agios Theodoros community in Larnaca district.
It is located c. 350m north from the Mazotos - Agios Theodoros road and 400m north from the beach.
The asset has a rather irregular shape, totals 7,135sqm and falls into touristic planning zone (T3β) and offers partial sea view
It benefits from c. 4m meters road frontage along a road which is in the process to be registered (northeast border)
The property has the potential to be covered by water, electricity and telecommunication services
The wider area features sporadic residential development with mainly detached houses, empty fields utilized for agricultural purposes, mostly for dry cultivations, orchards and greenhouses. Asset is easily accessible via Limassol - Larnaca and Larnaca - Nicosia motorway as well as Zygi - Mazotos - Kiti coastal road.
The property is zoned as T3β (touristic) with this parameters:
- Hotels: 30% building density, 20% coverage, 3 floors and a maximum height of 13.1m
- Touristic villages: 25% building density, 20% coverage, 2 floors and a maximum height of 8.3m
- Houses: 20% building density, 20% coverage, 2 floors and a maximum height of 8.3m .
THE PRICE IS SUBJECT TO VAT.
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
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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