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10,000 SQM Land
Pervolia, Larnaca

€495,000  ($570,317)

VAT Applicable not included in the price
K. Kalogirou Real Estate

K. Kalogirou Real Estate

Reg. No.: 1104 / License No.: 569/E

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Average Bank Rate (€495,000)
1 USD = 0.8386 EUR
$590,278

Mid-market rate (€495,000)
1 USD = 0.8679 EUR
$570,317

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.

Key features

  • Listing ID: 8117905 (54680)
  • Plot: 10000 sqm

Description

This touristic land share is located in a beautiful coastal area of Softades Community, within the Kiti–Pervolia region of Larnaca District. The property enjoys an excellent location approximately 100 metres north of the coastline and about 2 km south-west of the centre of Pervolia Village, offering a combination of seaside proximity and easy access to local amenities.

The property benefits from very good access to neighbouring communities, the sea, and a variety of services and facilities. The surrounding area is characterised by its natural beauty and growing development interest.

The total land area measures 54,070 sq.m., of which a 1000/5407 undivided share is offered for sale, corresponding to an area of approximately 10,000 sq.m..

The land has an irregular shape with a generally level surface and abuts asphalted roads along part of its southern boundary, which were formed through adjacent development.

The property falls within Planning Zone T2a, which allows for tourist-related developments. According to the planning provisions of the zone, a building density of up to 45% is permitted for hotel developments, 40% for tourist residences or tourist villas, and 20% for commercial use. The land coverage ratio is set at 20%, regardless of the permitted use.

The maximum number of floors allowed is three (3) floors for hotel developments, while tourist residences/villas and commercial developments are limited to two (2) floors. The maximum permitted building height is 13.10 metres for hotel use, and 8.30 metres for tourist residential or commercial use.

Its close proximity to the sea renders the property particularly attractive, while the relatively low building density ensures a well-balanced and orderly built environment.

This property represents an attractive investment opportunity for future touristic development in one of the most desirable coastal locations of the Larnaca District.

For privacy reasons, the advertiser has not indicated the exact address.
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Disclaimer - Property reference 8117905. 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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