€12,200,000 + VAT €140/m²

87,264m² Plot for Sale in Softades, Larnaca District

Softades, Larnaca district Posted 2 years ago Updated 1 day ago
87,397 m²Covered area
87,264 m²Plot
Brand NewCondition
Smart Assets Agency · Reg. 1109 · Licence 317/E 1,814 for sale

About this home

Reference ID: #SA34759Price details: €12,200,000 +VATThis asset comprises of three adjoining fields in Softades, Larnaca.The asset is located c. 120m south Pervolia – Mazotos road, c. 3,7km southwest of Perivolia village and adjacent to the seafront.The asset has a total area of 87,264sqm. It benefits from a road frontage along its northeast and northwest borders as well as footpath frontage along its south border.The immediate area comprises of undeveloped plots of land as well as some residential developments.The asset falls within two planning zones:-83,897sqm fall within touristic planning zone Τ2α with the following parameters:- For hotels: 45% building density, 20% coverage, 3 floors and a maximum height of 13.1m- For touristic village: 40% building density, 20% coverage, 2 floors and a maximum height of 8,3m- For houses: 20% building density, 20% coverage, 2 floors and a maximum height of 8.3m-3,367sqm fall within protection planning zone Z1 with a building density of 6% and a coverage of 6%, over 2 floors and 8.3m maximum height.

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Reference
SA34759
Property type
Land and Plots
Plot area
87,264 m²
Building density
45%
Coverage ratio
20%
Max. floors
3

What it will really cost

Is this your first home in Cyprus?Reduced 5% VAT applies to the first 150 m² of your main residence.
Asking price€12,200,000
VAT at reduced 5%€2,315,069
Title transfer fee None
Estimated total€14,515,069
Mortgage estimate
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Location

Softades, Larnaca district

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€12,200,000+ VAT · €140/m²
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