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493 SQM Residential Plot
Faneromeni, Larnaca

€690,000  ($787,794)

K. Kalogirou Real Estate

K. Kalogirou Real Estate

Reg. No.: 1104 / License No.: 569/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 $27,573

Average Bank Rate (€690,000)
1 USD = 0.8462 EUR
$815,366

Mid-market rate (€690,000)
1 USD = 0.8759 EUR
$787,794

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 (ΚΑ8)

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

Coverage: 0.35

Density: 0.6

Height: 10 meters

Allowed stories: 2

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


Nearby planning zones

Commercial: 0.28 Km

Tourist: 4.6 Km

Industrial: 1.17 Km

Agricultural: 2.3 Km

Farm: 3.3 Km

Key features

  • Listing ID: 8994478 (56784)
  • Plot: 493 sqm

Description

Corner Residential Plot for Sale in Faneromeni, Larnaca. Situated in one of Larnaca’s most sought-after residential areas, this property enjoys a prime location in the prestigious Faneromeni district. It is conveniently located close to supermarkets, schools, bakeries, cafés, restaurants, pharmacies, Metropolis Mall, and the beautiful Larnaca Salt Lake. The plot is approximately 1.5 km from Larnaca City Centre, around 3 km from the popular Mackenzie Beach, and just a few minutes' drive from Larnaca International Airport.

The property comprises a corner residential plot of approximately 493 sq.m., falling within the Κα4 residential planning zone, offering a 120% building density, 50% coverage ratio, a maximum of 3 floors, and a maximum building height of 13.5 metres. The plot benefits from a corner position with frontage onto registered public roads, providing excellent accessibility and development potential.

It should be noted that the property includes an existing two-storey house. However, the building is considered to have no significant economic value, and the sale primarily concerns the land, making it an excellent opportunity for redevelopment.

Separate Title Deed Available for the Plot.

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
€24,200 ($27,630)
If buying on joint names
€20,800 ($23,748)

Disclaimer - Property reference 8994478. 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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