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40470 SQM Land for sale in Limassol Municipality, Limassol

Limassol Municipality, Limassol, Cyprus
40470 SQM Land for sale in Limassol Municipality, Limassol 3885 Limassol Municipality
40470 SQM Land
Limassol Municipality, Limassol
OFF THE MARKET
Bank Owned Property

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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 $82,101

Average Bank Rate (€2,200,000)
1 USD = 0.9062 EUR
$2,427,852

Mid-market rate (€2,200,000)
1 USD = 0.9379 EUR
$2,345,751

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: 839339 (5431)
  • Plot: 40470 sqm
  • Zone Residential
  • Building Factor: 60%
  • Cover Factor: 35%

Description

The property consists of four adjacent residential fields in Agia Fylaxis. It is located a 5 minutes' drive to Agia Fylaxis center and a 10 minutes' drive to Polemidia National Park. The fields have an area of 40,470sqm. A planning permit has been summited for the division of land into plots (pending approval). The property offers easy access to Limassol City Centre and the main highway to Nicosia and Paphos. It is situated in a peaceful residential area while being close to all amenities.

There is a division plan in place for 39 plots which has been submitted for planning permit. Their land area varies from 521sqm to 890sqm.

The immediate area consists mainly of residential developments. The asset is ideal for the development of luxury villas and/or maisonettes.

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Buying expenses

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.

Stamp Duties
If buying as an individual
€4,308 ($4,593)
If buying on joint names
€4,308 ($4,593)
Transfer fees
If buying as an individual
€84,600 ($90,205)
If buying on joint names
€81,200 ($86,580)

Disclaimer - Property reference 839339. 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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