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2602 SQM Plot for sale in Polemi, Paphos

Polemi, Paphos, Cyprus
2602 SQM Plot for sale in Polemi, Paphos 88 Polemi
125000 €125,000  ($135,696)
2602 SQM Plot
Polemi, Paphos

€125,000  ($135,696)

Fox Smart Estate Agency Limassol

Fox Smart Estate Agency Limassol

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

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Compared currency flag Pay in USD and save up to $4,749

Average Bank Rate (€125,000)
1 USD = 0.8900 EUR
$140,445

Mid-market rate (€125,000)
1 USD = 0.9212 EUR
$135,696

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: 1367915 (24932)
  • Plot: 2602 sqm
  • Zone Residential

Description

This residential land in Polemi spans to 2602 square meters and is classified under Zone Type Η3, indicating its intended use for residential purposes as per local zoning regulations. With access to a road, it ensures convenient transportation and connectivity for residents and visitors alike.

With a building density of 60%, this residential land allows for a significant portion of the total area to be developed. This means that up to 60% of the land can be utilized for construction purposes, including residential buildings, amenities, and infrastructure.

The coverage ratio is set at 35%, indicating the maximum percentage of the land area that can be covered by buildings and other structures. This ensures that a significant portion of the land remains open for green spaces, landscaping, and other outdoor amenities, contributing to a pleasant living environment.

Permitted floors are limited to 2, meaning that any structures built on this land cannot exceed two stories in height. Additionally, the maximum allowable height for buildings is 8.3 meters, ensuring uniformity and compatibility with the surrounding residential area.

Given its proximity to a built-up residential area, this land holds strategic value for residential development, providing opportunities for expanding housing options and accommodating the growing population while maintaining the character and integrity of the existing neighborhood.

In summary, this residential land in Polemi offers favorable conditions for residential development, including adequate space, permissible building parameters, road access, and proximity to established residential areas.

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
€180 ($195)
If buying on joint names
€180 ($195)
Transfer fees
If buying as an individual
€2,275 ($2,470)
If buying on joint names
€1,875 ($2,035)

Disclaimer - Property reference 1367915. 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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