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Pay in USD and save up to $357,682Description: 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 1) (Δηλωση Πολιτικης (Χωρ. Περιοχη 1))
Commercial: 2.83 Km
Tourist: 2.65 Km
Industrial: 2.02 Km
Agricultural: 0.65 Km
Farm: 3.23 Km
Land for sale in Pyla, Larnaca. It has an are of 100,363 sq.m.Falls into residential zone with building density is 90% and coverage ratio 50%.The area is very attractive, featuring beautiful houses. The upper part of the plot also offers a sea view.The land can be divided into 120 individual plots, but the potential benefit is significantly greater if it is developed as one unified property.The total size of the plot exceeds 100,000 m², and due to its scale, it qualifies for an additional building density allowance of 20%—equivalent to roughly 20,000 m² of extra buildable area.Furthermore, the area is located in a special zone, where local buyers can receive a government subsidy of €50,000 when purchasing a plot, house, or apartment.
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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