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Pay in USD and save up to $20,917The property is a field in the core in an attractive area in Sotiros Quarter in Larnaca Municipality with commercial and residential activity.
It is located at a very short distance from avenues that are considered as main commercial arteries of Larnaca Municipality.
The area of the property consists of residential and commercial units.
The property has an irregular shape and smooth even surface with a frontage of approximately 16 meters.
The property is affected by road widening along its eastern boundary (small area).
The property falls within ancient monuments area.
It is worth to be mentioned that the property has a concept design for proposed residential development. The proposed design features 2 block of flats with 16 apartments in total.
Block A – 7 apartments (5 two-bedroom apartments and 2 studios)
Block B – 9 apartments (6 two-bedroom apartments and 3 one-bedroom apartments)
The areas for the apartments vary from 47sqm for studios, 56sqm for one-bedroom and 90-106sqm for two bedroom apartments. Both blocks will share a common basement with 20 parking spaces (18 + 2 for disabled).
Subject to vat.
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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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