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Investment Opportunity Chrysopolitissa, Larnaca €350,000
Presenting a rare investment opportunity with this 4-bedroom, 2-bathroom townhouse and a half-basement garage for extra storage, accessible from the main road.
Built in 1982, the property sits on a 201 sqm plot with 101 sqm of internal living space and offers exceptional potential for development, located in the highly sought-after area of Chrysopolitissa, Larnaca.
Key Investment Highlights:
-Planning Zone: Πα5 (High development density of 2.1, coverage of 0.7, up to 3 floors and a maximum height of 10 meters).
-Demand: Excellent density and zoning, highly attractive for developers seeking to build apartments or multi-unit projects.
-Plot Size: 201 sqm, with additional adjacent parcel areas available for joint sale.
-Registered Access: The property features a registered road at the front and a right of passage at the rear, along with a garden space included in the saleideal for future expansion.
Current Property Features:
Bedrooms: 4
Bathrooms: 2
Living Area: 101 sqm
Roof Terrace: Offers views and further potential for use or development.
Garden: Generous outdoor area perfect for recreation or landscaping.
Prime Location:
Situated in the vibrant heart of Chrysopolitissa, this property is within close proximity to essential amenities:
Shops and supermarkets
Hair salons
Banks and churches
Local restaurants, cafes, and public services
With its prime location, favorable zoning, and potential for high-yield development, this property is perfect for both investors and developers.
Contact us now to explore this unique opportunity and schedule a viewing!
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.
Disclaimer - Property reference 8946378. 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.