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The asset is a 1/2 share of a touristic field in Agios Tychon. It is located 800m from Parekklisia exit and 300m from the beachfront and Amara Hotel. The field has an area of 8,644sqm and the corresponding area is approximately 4,322sqm.
It offers great proximity to the highway, numerous seaside luxury hotels, bars and restaurants. It is only 5 minutes away from the famous Amathus Ruins. The wider area of the asset is characterised by high-end residences and buildings. The asset is ideal for the development of a hotel or a touristic village including apartments, bungalows and villas or individual luxury villas.
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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