Two adjacent residential plots of land are available for sale in one of the most desirable and prime locations in Larnaca, the Phaneromeni area.

The properties benefit from a central yet quiet setting and are within walking distance to Saint Lazarus Church, Finikoudes Beach and Promenade, Larnaca city centre, the Municipal Park and Theatre, Salina Park, the American Academy, the Synagogue, and the new tennis courts. Larnaca International Airport is only a 10-minute drive away.

This is an excellent investment opportunity in a high-demand residential area with strong capital appreciation potential.

The plots are suitable for the development of a luxury residential project, including apartments, maisonettes, or two high-end villas. Due to the prime location and proximity to key amenities and the beachfront, the completed properties are expected to achieve strong resale values and high rental yields, both for long-term and short-term rentals.

Planning parameters:
Building density: 60%
Coverage: 35%
Maximum height: 10 metres

Plot sizes:
Plot A: 617 m²
Plot B: 644 m²

An ideal opportunity for developers or investors seeking a prime project in central Larnaca with excellent return potential.