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Pay in USD and save up to $32,022Description: Core And Continuous Structure Areas (Περιοχες Πυρηνων Και Συνεχους Δομησης)
Coverage: 0.7
Density: 1.8
Height: 10 meters
Allowed stories: 3
Development description: Local Plan Of Larnaca (Τοπικο Σχεδιο Λαρνακας)
Commercial: 0.43 Km
Tourist: 3.85 Km
Industrial: 0.6 Km
Agricultural: 2.56 Km
Farm: 4.41 Km
A very centrally located plot of land in the centre of Larnaca, near St. Lazaros Church, just a 10-minute walk to Finikoudes Beach and the Promenade, and right in the heart of the city where all amenities are available.
Architectural plans are ready, and the planning permit has been applied for the development of 3 full-floor two-bedroom apartments and 4 one-bedroom apartments. In order to achieve this development potential, additional building density has been secured through incentives related to listed buildings and energy-saving provisions.
An excellent opportunity to develop apartments for sale or to retain the entire building and operate it as short-term rentals or serviced apartments with high rental income potential.
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.
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