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600 SQM Commercial Plot
Faneromeni, Larnaca

€1,000,000  ($1,141,550)

STARMAX

STARMAX

Reg. No: 1267 / Licensed No: 514/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 $39,954

Average Bank Rate (€1,000,000)
1 USD = 0.8464 EUR
$1,181,504

Mid-market rate (€1,000,000)
1 USD = 0.8760 EUR
$1,141,550

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

Commercial (ΕΒ1)

Description: Commercial And Other Related Activities (Εμπορικες Και Αλλες Συναφεις Δραστ. Εκτος Αστ. Εμπ. Κεντρ.)

Coverage: 0.5

Density: 2

Height: 24 meters

Allowed stories: 6

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


Nearby planning zones

Residential: 0.26 Km

Tourist: 3.66 Km

Industrial: 1.38 Km

Agricultural: 3.11 Km

Farm: 4.15 Km

Key features

  • Listing ID: 8946004 (31419)
  • Plot: 600 sqm

Description

Prime Commercial Development Plot with 1,080sqm build potentialAn outstanding opportunity to acquire a prime commercial development plot in a highly visible location, ideal for developers, investors, and owner-occupiers seeking a landmark commercial project.The property comprises a 600sqm commercial plot with an older single-storey house of no real value, making it an ideal redevelopment site.Located within the sought-after Εβ2 Commercial Zone, the property benefits from excellent planning parameters, allowing for a substantial mixed-use or commercial development.Development HighlightsPlot Size: 600sqmPlanning Zone: Εβ2Building Density: 180%Total Buildable Area: 1,080sqmCoverage: 50%Maximum Floors: 6Maximum Height: 24 metresRoad Frontage: 20 metresThe property's generous frontage and exceptional visibility make it perfectly suited for a wide range of commercial uses, including:Modern office buildingCorporate headquartersMedical or wellness centreRetail showroomMixed-use commercial developmentEducational or training facilityProfessional services hubIts prominent position ensures excellent exposure to passing traffic while providing easy accessibility for clients, staff, and visitors.Development opportunities with these planning characteristics and commercial potential are becoming increasingly scarce. Whether you are looking to develop for your own business, generate long-term rental income, or build for resale, this property offers outstanding investment value.For further information or to arrange a viewing, please contact our office.

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
€36,600 ($41,781)
If buying on joint names
€33,200 ($37,899)

Disclaimer - Property reference 8946004. 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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