#4577
For Sale, Residential Plot in Agia Napa, Famagusta
€6,330,000
#4577
For Sale, Residential Plot in Agia Napa, Famagusta
€6,330,000
6,627m²
25%
20%
6,627m²
25%
20%
Property Description
The property is a residential plot located in Agia Napa, Famagusta.It measures about 6,627sqm and falls into residential zone T5 (E3) with building density 25% for villas, 30% for hotel, coverage 20%, maximum height 8.3m and maximum floors 2.
Excellent as an investment since it can be used to construct six luxurious villas, each with an average size of 276 square meters, on separate plots totaling about 1,000sqm, all with their own swimming pool.
Another alternative for development of the plot may be either a 4 stars hotel with 55 rooms or a 5 stars hotel that consists of 48 rooms. In either scenario, the hotel development may have facilities including spas, gyms, and indoor swimming pools.
Property Info
4577
€6,330,000
Famagusta
Details
Land Type:
Plot
Town Planning Zone:
Residential
Cover Factor:
20%
Building Density:
25%
Height:
8.30
Ideal For:
Investment
Areas
Plot Area:
6,627m²
Main Features
Registered Road:
Sea View:
Mortgage Calculator
Amount Financed:
Mortgage Payments:
Annual cost of Loan:
Transfer fees are payable by the purchaser for registering the acquired property on his/her name. Property transfer fees are calculated on the basis of the property’s market value on the date of purchase. This requires that the sale of the contract has been deposited at the Department of Lands and Surveys. If the contract of sale has not been deposited at the Department of Lands and Surveys your property’s transfer fees will be calculated on the assessed value of the property on the date the transfer takes place.
