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Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 0.9
Height: 8.3 meters
Allowed stories: 2
Development description: Policy Statement (Except Area 1a) (Δηλωση Πολιτικης (Χωρ. Περιοχη 1a))
Commercial: 1.1 Km
Tourist: 1.49 Km
Industrial: 2.71 Km
Agricultural: 2.86 Km
Farm: 2.07 Km
Residential field in Ormidia community of Larnaca District. It is situated at a distance approximately 570 meters east of the community center and approximately 70 meters north from Anexartisias street. Residential field in Ormidia community of Larnaca District. It is situated at a distance approximately 570 meters east of the community center and approximately 70 meters north from Anexartisias street. It has an almost rectangular shape with an flat surface and south-facing, with a frontage of approximately 30 meters on a public registered street. It should be noted that within the parcel there is a house 60 sq.m. (approx.), that was built in 1940, which has no economic value and abuts a green space on its northern boundary. The property falls within the Residential Zone H2, having a building density of 90%. The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).
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.
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