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VAT for this property is € or €90 250. 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.
Reference ID: #SA33611Price details: €475,000The Plot is located in the Parish of Agios Georgios Havouzas and is accessible via a Public Asphalt Road and is adjacent to a green area from the back.It falls under the Local Development Plan of Limassol Municipality and forms part of the Urban Planning Zone Ka5, which allows a building and development density of 100%, with a coverage of 50% over 3 floors.Its Area is 557 (m)², and it is considered Ideal for the development of residential apartments for sale.The wider area has experienced immense development during the last decade, and the demand from households for this kind of plots in the area has increased significantly.The plot is in relative proximity to all services and amenities such as Schools, Supermarkets, Restaurants, (Primary School of Agios Georgios Havouzas, Tsirio High School, American Academy, Frederick University, etc.).The Plot is not subject to VAT taxation, it has a whole share ownership, it does not have any encumbrance and is therefore easily transferable.This is considered to be an overall excellent and risk free investment opportunity.Land type: PlotPlot Type: ResidentialPlanning zone: Κα5Density: 100%Coverage: 50%
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