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Pay in USD and save up to $46,034Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 1.4
Height: 17 meters
Allowed stories: 4
Development description: Local Plan Of Larnaca (Τοπικο Σχεδιο Λαρνακας)
Commercial: 0.29 Km
Tourist: 3.26 Km
Industrial: 1.17 Km
Agricultural: 3.14 Km
Farm: 5.05 Km
Prime Residential Development Plot - 656sqm
A fantastic opportunity to acquire a 656sqm residential plot located in a developing urban area close to the city center and coastline. The property offers excellent development potential, making it ideal for investors or developers looking to construct an apartment building or residential complex.
The plot benefits from a 140% building density and 50% coverage, allowing for the construction of up to 6 floors, providing significant potential for a multi-unit residential project.
The location offers convenient access to main roads, residential neighborhoods, and nearby amenities while remaining within close proximity to the waterfront and city infrastructure.
This is an excellent investment opportunity in a growing area with strong residential demand.
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.
Disclaimer - Property reference 8385894. 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.
