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Pay in USD and save up to $275,333Touristic land with fantastic sea views for sale in front of a small bay in Mandria Paphos.
The proposal consists of 3 different assets next to each other and can be utilized as a single unit.
The assets are located approximately 1,2km southeast of the centre of the village, 800m west from the Asprogkremos Dam and 50m north from the sea.
The fields have almost a regular shape with a flat surface. The assets benefit from approximately 230 meters of beach frontage and around 210 meters of frontage on a minor public road (right of access).
The assets fall within the touristic planning zone T3γ, allowing 25% building density, 20% coverage on three floors and a maximum height of 13.1 meters in case of hotel development. In the case of a touristic resort or residential dwellings, the allowance of development is 20% building density, 20% coverage on two floors and a maximum height of 8.30 meters.
The 22% of one of the parcel falls within the agricultural planning zone Z1, which allows 6% building density, 6% coverage on two floors and a maximum height of 8.3 meters. The use of land for agricultural activities is 4900 sqm.
The fields are served by utilities, i.e. electricity, water supply and telecommunications.
The assets are subject to V.A.T. Please note though, that since the agricultural fields are exempted from VAT, the VAT application on the asset should be calculated on the respective apportionment.
For further details about the fields, feel free to contact ElitBlue.
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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