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31,690 SQM Plot
Ormideia, Larnaca

€8,000,000  ($9,103,882)

SOLD
Fox Smart Estate Agency Larnaca

Fox Smart Estate Agency Larnaca

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $318,636

Average Bank Rate (€8,000,000)
1 USD = 0.8490 EUR
$9,422,518

Mid-market rate (€8,000,000)
1 USD = 0.8787 EUR
$9,103,882

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: 1227665 (28810)
  • Plot: 31690 sqm

Description

Two touristic plots of total 31690 square meters for sale in Ormidia.
One plot spans an area of 19.625 square meters, offering a buildable density of 40%, a coverage allowance of 15%, and permission for constructing three floors up to a height of 13.10 meters.

On the other hand, the other plot covers 12.065 square meters with an expansive coastline of approximately 400 meters. Combined, both plots provide a contiguous area of 31.690 square meters, presenting a strategic positioning with direct access to both water and road, complemented by a 40% buildable density.

Given the ideal strategic location, we envision this area as an exceptional site for potential developments such as a hotel, touristic village, villas, rehabilitation center, sports and conference center or any other ventures outlined in the Planning Permit report for the Ormidia area.

Furthermore, the location benefits from its proximity to key areas, including Ayia Napa Marina (15 mins), Larnaca City Center (15 mins), Larnaca International Airport (20 mins) and the Capital Nicosia (40 mins).

The selling price is 250 euros per square meter, a total of approximately 8 million euros.
For additional information, please contact us.

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
€316,600 ($360,286)
If buying on joint names
€313,200 ($356,417)

Disclaimer - Property reference 1227665. 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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