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4,879m² Plot for Sale in Tersefanou, Larnaca District

4,879m² Plot for Sale in Tersefanou, Larnaca District

Posted: 2 weeks ago
Modified: 1 week ago

Under Construction

€170 000
+ VAT

The price above is the starting price of the property on the auction.

Price per m²

€35/m²

VAT

Not Included in Price

VAT for this property is €31,324 (Reduced 5% rate) or €32,300 (Full 19% rate). 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 Transfer Fee

Ref. #: 98750
Plot area: 4879m²
Parking: No
Pool:No

PROPERTY DESCRIPTION
* Residential field with a flat surface.
* The property has frontage to a registered road of approx. 54 m along its southeastern boundary.
* It is ideal for residential development or the division into plots.
* We are informed that the property extends to approx. 4,879 sq. m.
* The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). We recommend that you seek independent advice regarding any applicable transfer fees.

LOCATION
* The field is located in Tersefanou village of Larnaca district, under Land Reg. No. 0/6731.
* The property is situated approx. 750 m south of the center of the village and approx. 1,3 km north of the main road Kiti – Mazotos.
* The immediate area of the property mainly consists residential units as well as empty land.

TENANCY
* Vacant possession.

ZONING
* The field falls within the “H2” Residential zone which allows 90% building coefficient, 50% building coverage, 2 floors and up to 8,3 meters height.

ACCOMMODATION
The property was not inspected or measured by BidX1. The information was provided by the Vendor. We have been informed that the property provides:

* Site area extending to approximately 4,879 sq. m.
* It is recommended that interested parties undertake their own inquiries to confirm property measurements.

VAT
VAT is applicable to this sale – Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is subject to VAT as well as, the exact amount payable.