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Pay in USD and save up to $7,259Residential Development Land for Sale – 707 sqm | Rizoelia Area, LarnacaAn excellent investment opportunity in a prime location near the Larnaca–Nicosia highway, in the rapidly developing Rizoelia area.Property Details
Land Area: 707 sqm
Building Density: 120%
Coverage Ratio: 70%
Maximum Floors: 2
Ready for subdivision/development
Planning application already submitted to the Larnaca Planning Authority
Location Highlights
Easy access to the Larnaca–Nicosia motorway
Close to the Rizoelia Forest
Near several public and private schools
Within a short distance of Pascal English School
Quiet residential area with strong demand for housing developments
Development PotentialThe generous building density and coverage allow for an attractive residential development, making this property ideal for developers, investors, or individuals seeking to build multiple residences in a strategic location.
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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.
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