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522 SQM Residential Plot
Aradippou, Larnaca

€265,000  ($301,858)

Cyprus Properties

Cyprus Properties

Reg.num: 841 / Lic.num: 387/E

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In high demand!
Compared currency flag Pay in USD and save up to $10,565

Average Bank Rate (€265,000)
1 USD = 0.8482 EUR
$312,423

Mid-market rate (€265,000)
1 USD = 0.8779 EUR
$301,858

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Planning Zone

Residential (ΚΑ7)

Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)

Coverage: 0.45

Density: 0.8

Height: 10 meters

Allowed stories: 2

Development description: Local Plan Of Larnaca (Τοπικο Σχεδιο Λαρνακας)


Nearby planning zones

Commercial: 1.41 Km

Tourist: 5.83 Km

Industrial: 0.98 Km

Agricultural: 1.3 Km

Farm: 2.47 Km

Key features

  • Listing ID: 8260498 (40381)
  • Plot: 522 sqm

Description

522 sqm residential plot, perfectly positioned between protected natural landscapes, offering absolute privacy, serenity, and long-term value.

Located next to a designated green area and bordered on two sides by the protected Rizoelia National Forest, this property guarantees permanent, unobstructed greenery — an exceptional feature rarely found in residential developments.

? Property Highlights

Total Area: 522 sqm

Prime, tranquil location

Surrounded by protected natural zones

Permanent privacy & open views

Ideal for luxury private residence

? Planning & Zoning

The plot benefits from dual zoning, offering excellent development potential:

Zone Ka7 (92%)
• 80% Density
• 45% Coverage

Zone Da2 (8%)
• 1% Density
• 1% Coverage

Building Allowance: Up to 2 floors

? Major Financial Advantages

✔ 5% VAT Benefit
Planning permit issued under the “Old Scheme” rules, allowing reduced 5% VAT on the first 200 sqm (subject to primary residence eligibility).

✔ VAT-Exempt Plot
Private sale by an individual – the land purchase is most likely not subject to 19% VAT, offering substantial savings.

? Ready to Build – No Delays

✅ Planning Permit valid until 2030

✅ Building Permit available (routine renewal only)

✅ Architectural plans for a modern 280 sqm villa

✅ Electrical & Mechanical plans included

Start building immediately with minimal bureaucracy.

? Why This Property Stands Out

Rare forest-border location

Protected surroundings – no future overdevelopment

Significant VAT savings

Fully licensed & documented

Perfect for luxury living or long-term investment

? Ideal For

✔ Private luxury residence
✔ Nature lovers
✔ High-end investment
✔ Permanent home with privacy
✔ Buyers seeking long-term value

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€7,200 ($8,201)
If buying on joint names
€4,925 ($5,610)

Disclaimer - Property reference 8260498. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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