Residential land adjacent to highway leading to Limassol and adjacent to the proposed Sports City project. It has road access and a water well with water pumps. This is a great investment opportunity. The position of this land offers the prospective buyer the option to have their construction made visible from the highway (advertising), depending on the project. The land has recently been included in H4 building zone. It could be suitable for a development of offices offering easy access to Larnaca, Limassol as well as the airport (only 8 minutes drive). The size of the land allows it to be divided into 3 large plots (800m2,720m2,720m2) or 4 regular sized plots. Opposite the land a building permit has been issued for the development of a massive private sports complex that is one of the few mature projects in the Larnaca area that are on foreign investors' list. The other projects are the Larnaca Marina and the licensed golf course that is only 4 km away.
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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