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61560 SQM Land for sale in Alethriko, Larnaca

Alethriko, Larnaca, Cyprus
61560 SQM Land for sale in Alethriko, Larnaca 67 Alethriko
Offers in the region of
1944500 €1,944,500 ($2,044,054)
61560 SQM Land
Alethriko, Larnaca
Offers in the region of
€1,944,500  ($2,044,054)
Bank Owned Property
BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $71,542

Average Bank Rate (€1,944,500)
1 USD = 0.9191 EUR
$2,115,595

Mid-market rate (€1,944,500)
1 USD = 0.9513 EUR
$2,044,054

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.

Key features

  • Listing ID: 830988
  • Plot: 61560 sqm
  • Zone

Description

The property consists of a very large field in the Alethriko Community in Larnaca District.

The asset is located circa 2km from the nucleus of the Alethriko community, 45m south from the Limassol – Larnaca Motorway and 1,1km from nearest exit.

It totals 61.560 sqm of which circa 24.940 sqm falls into a residential planning zone (H4) and circa 36.620 sqm falls into an agricultural planning zone (Γ3).

It has a rather triangular shape with flat even surface.

Road frontage: 710m along an asphalted road along its southeast border and 640m along the Larnaca-Kofinou Road located at the southeast border of the field.

The asset has the potential to be covered by all the utility services i.e. electricity, water and telecommunication.

The immediate area is characterised mainly by mid to high specification residential developments as well as unutilised land parcels.

Assets in this area have good access to facilities including a supermarket, a bakery, a petrol station and schools.

The property is zoned as both H4 (residential) with 40% building density, 25% coverage, 2 floors and a maximum height of 8,3m and Γ3 (agricultural) with 10% building density, 10% coverage, 2 floors and a maximum height of 8,3m.

Ownership through SPV: Kartama Properties Limited



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 consists of a very large field in the Alethriko Community in Larnaca District.

The asset is located circa 2km from the nucleus of the Alethriko community, 45m south from the Limassol – Larnaca Motorway and 1,1km from nearest exit.

It totals 61.560 sqm of which circa 24.940 sqm falls into a residential planning zone (H4) and circa 36.620 sqm falls into an agricultural planning zone (Γ3).

It has a rather triangular shape with flat even surface.

Road frontage: 710m along an asphalted road along its southeast border and 640m along the Larnaca-Kofinou Road located at the southeast border of the field.

The asset has the potential to be covered by all the utility services i.e. electricity, water and telecommunication.

The immediate area is characterised mainly by mid to high specification residential developments as well as unutilised land parcels.

Assets in this area have good access to facilities including a supermarket, a bakery, a petrol station and schools.

The property is zoned as both H4 (residential) with 40% building density, 25% coverage, 2 floors and a maximum height of 8,3m and Γ3 (agricultural) with 10% building density, 10% coverage, 2 floors and a maximum height of 8,3m.

Ownership through SPV: Kartama Properties Limited



All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

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Buying expenses

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.

Stamp Duties
If buying as an individual
€3,797 ($3,991)
If buying on joint names
€3,797 ($3,991)
Transfer fees
If buying as an individual
€74,380 ($78,188)
If buying on joint names
€70,980 ($74,614)

Disclaimer - Property reference 830988. 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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