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Land for sale in Agios Tychonas, Limassol, Cyprus

Land for sale in Agios Tychonas, Limassol, Cyprus - photo 1
Price€1,700,000
TypeLand
Land area6647 m²
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Environment

Land in Limassol

Plot of land for sale situated in Agios Tichonas area of Limassol city. The plot offers great panoramic sea and mountain views and is suitable for a houses. The price includes the designed layout and sketches, as well as planning permission for the construction of 9 houses. The total size of the land plot (in accordance with the attached evidence titular) - 6647 m2. Total covered area 9 houses (excluding the roof terrace) - 2 135.4 m2. Building density - 30%. Residential area close to city amenities. Title deeds available.

Extra Сosts when Buying Property

TRANSFER TAX*
up to €85 000 3%
€85 000 - €170 000 5%
over €170 000 8%
*If VAT has been paid no transfer tax
*If no VAT has been paid 50% of the transfer tax rate
STAMP DUTY
If the value of the property is less than € 171,000 0,15%
If the value of the property exceeds € 171,000 0,2%
VAT
standard rate 19%
reduced rate 0-5%

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Ongoing Ownership Costs

Municipality Tax, annually 0.02%
Communal Services fees, multi-residential complexes, monthly €40-50
Communal Services fees, private house, monthly €60-200
Sewerage Tax, annually €60-75
Electricity costs, monthly about €50
Water rates, monthly about €50
Telecommunication rates €50-60

Additional Services Costs

Legal support (one time payment) 0.8%-1%

Return on Investment

Property Price
Rental Cost
0%
Helga
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Limassol, Paphos, Larnaka
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