Cyprus Real Estate Marketplace

1,269m² Land for Sale in Larnaca - Sotiros

  • Posted: 3 months ago
  • Modified: 1 week ago
  • Views: 13
  • €550 000
  • + VAT
  • Price per m² €433/m2
  • VAT Not Included in Price

    VAT for this property is or €104 500. VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.

  • Title Deed Has Title
  • Title Transfer Fee No
Price History
  • Property Reference Number: 7598 
  • Property Type: Land, Land and Plots
  • Condition: Brand New 

Plot / Area Info

  • Plot area: 1269m²
  • Building Density:210%

Location

  • Location: Larnaca - Sotiros
  • District: Larnaca

Description

Land in Sotiros for sale

The property is a field in the core in an attractive area in Sotiros Quarter in Larnaca Municipality with commercial and residential activity.

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 on Andreas Themistokleous Street.

The road widening the property along its eastern boundary (small area) affects the property.

The property falls within the ancient monuments area.

It is worth mentioning that the property has a concept design for the proposed residential development. The proposed design features 2 blocks 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).

  • Planning zone: Πα5
  • Building Coefficient: 210%
  • Coverage Coefficient: 70%
  • Maximum Floors Allowed: 3
  • Maximum Building Height (m): 10

  • €550 000
  • + VAT
  • Price per m² €433/m2
  • VAT Not Included in Price

    VAT for this property is or €104 500. VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.

  • Title Deed Has Title
  • Title Transfer Fee No
Price History
  • Agency
  • R.N.:1015 L.N.:481/E
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Additional Information

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