€22,450,000 + VAT €38/m²

595,810m² Plot for Sale in Agia Varvara, Paphos District

Agia Varvara, Paphos district Posted 2 years ago Updated 14 hours ago
595,810 m²Covered area
595,810 m²Plot
Brand NewCondition
Smart Assets Agency · Reg. 1109 · Licence 317/E 1,814 for sale

About this home

Reference ID: #SA32918Price details: €22,450,000The development project is constituted by residential fields, extending to about 595.810 sq.m. in total.Access to the fields is via three registered roads.This property consists of 83 land parcels with 9 semi-finished villas and an entrance building located on the borders of Ayia Varvara in Paphos district.The entrance building is a two storey completed unit.Access to the resort can be achieved through three entry points, from north, south and east.All the parcels have been merged into a single unit for the construction which remains undeveloped.There is in place infrastructure such as road network, landscaping.The asset is located approx. 2,5 km north of the highway Paphos-Limassol, approximately 1,6 km northeast of the center of the Ayia Varvara village.The project falls within Zone Γ3, with a building coefficient of 10%, coverage of 10%, and permission for 2 floors (8.3m) of construction, Zone Z3, with a building coefficient of 1%, coverage of 1%, and permission for 1 floors (5m) of construction and Zone Π1, with a building coefficient of 10%, coverage of 10%, and permission for 2 floors (8.3m) of construction

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Reference
SA32918
Property type
Land and Plots
Plot area
595,810 m²
Building density
10%
Coverage ratio
10%

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€22,450,000
VAT at reduced 5%€4,264,709
Title transfer fee None
Estimated total€26,714,709
Mortgage estimate
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Estimate only. Legal fees, stamp duty and mortgage costs are not included.

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Location

Agia Varvara, Paphos district

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€22,450,000+ VAT · €38/m²
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