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521 SQM Residential Land
Ormideia, Larnaca

€39,000  ($45,098)

VAT Applicable not included in the price
WinWin Estates

WinWin Estates

Registration Number: 662 License Number: 67/E

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Compared currency flag Pay in USD and save up to $1,578

Average Bank Rate (€39,000)
1 USD = 0.8355 EUR
$46,676

Mid-market rate (€39,000)
1 USD = 0.8648 EUR
$45,098

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 (Η2)

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

Coverage: 0.5

Density: 0.9

Height: 8.3 meters

Allowed stories: 2

Development description: Policy Statement (Except Area 1a) (Δηλωση Πολιτικης (Χωρ. Περιοχη 1a))


Nearby planning zones

Residential: 0.31 Km

Commercial: 0.49 Km

Tourist: 1.27 Km

Industrial: 2.4 Km

Agricultural: 2.74 Km

Farm: 2.33 Km

Key features

  • Listing ID: 8628980 (WW30187)
  • Plot: 521 sqm
  • Plus VAT

Description

The asset concerns a 16.6% undivided share of Residential Field in Ormidia, Larnaca District, representing 530 sq.m. of the total of 3.127 sq.m. field. Ormidia is known for its peaceful environment and is experiencing rapid development, making this share of land a valuable investment opportunity in a growing area. Strategically positioned, the field enjoys excellent accessibility and proximity to key landmarks: • 500m southeast of Ormidia village center • 200m east of Larnakos Avenue • 450m northeast of the Ormidia community stadium • 850m north of the beach The property enjoys significant advantages due to its location along a registered public road along the eastern boundary. It features a generous road frontage of approx. 120m, which enhances visibility and accessibility. Direct access is provided via Theodorou Kolokotroni Street. The expired planning permit, originally intended to subdivide the land into three distinct plots plus one residual field indicating a planned development layout. Despite the title deed referencing a “House”, the 16.6% undivided share currently offered pertains solely to vacant land, not to any built structure. This distinction clarifies that the share does not include ownership of an existing dwelling but rather a proportional interest in the undeveloped land parcel. No distribution agreement in place. This is an ideal investment opportunity for those looking to secure land in a quiet residential area with close proximity to amenities, infrastructure, and the coast. The property falls within Zone H2, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (8.3m) of construction.

For privacy reasons, the advertiser has not indicated the exact address.
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