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242 SQM Residential Plot
Faneromeni, Larnaca

€250,000  ($288,975)

Investia Estate Agents

Investia Estate Agents

Reg. No. 509/ Lic. No.255/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $10,114

Average Bank Rate (€250,000)
1 USD = 0.8359 EUR
$299,089

Mid-market rate (€250,000)
1 USD = 0.8651 EUR
$288,975

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 (ΚΑ4)

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

Coverage: 0.5

Density: 1.2

Height: 13.5 meters

Allowed stories: 3

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


Nearby planning zones

Commercial: 0.41 Km

Tourist: 4.3 Km

Industrial: 1.72 Km

Agricultural: 2 Km

Farm: 3.43 Km

Key features

  • Listing ID: 8387745 (38058)
  • Plot: 242 sqm

Description

For Sale, Plot, Residential Plot, Larnaca, Agios Nikolaos Area, 242m²

A prime residential plot located in the highly desirable Agios Nikolaos area of Larnaca, offering an excellent opportunity for developers and investors seeking strong returns. Ideally positioned near schools, a church, and all essential amenities, this plot combines convenience with a quiet residential environment—making it highly attractive for future residential demand.

The property falls within the Κα4 residential planning zone, allowing for a building density of 120% and a coverage factor of 50%, with a maximum height of 13.5 meters and up to 3 floors. These planning parameters make it ideal for the development of a modern apartment building, maximizing both space and profitability.

With a total plot area of 242m², this land offers the flexibility to design multiple residential units, making it a perfect investment for developers looking to build and sell or rent in a central and established neighborhood.

The plot has full title deeds (Registration No: 12/462, Sheet: 40, Plan: 64W1, Parcel Number: 415), ensuring a secure and straightforward transaction.

A rare opportunity to acquire a well-located residential plot with strong development potential in one of Larnaca’s most sought-after areas.

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
€6,600 ($7,629)
If buying on joint names
€4,550 ($5,259)

Disclaimer - Property reference 8387745. 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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