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Coverage: 0.7
Density: 1.4
Height: 8.3 meters
Allowed stories: 2
Development description: Local Plan Of Larnaca (Τοπικο Σχεδιο Λαρνακας)
Commercial: 0.15 Km
Tourist: 2.96 Km
Industrial: 1.85 Km
Agricultural: 2.49 Km
Farm: 4.8 Km
This is a huge piece of residential land of 1560 sqm. The location is in the heart of Larnaka city, in Soteros area, which is surrounded by all amenities, most of them within walking distance, it is about 5 minutes to the beach, about 10 minutes to the national airport and has quick access to the high way leading all around the island.
The property has architectural plans that come with its building plans already approved that saves one money and time!
The construction is of a 3 floor building of 26 flats ready to be used - four 1 bedroom apartments, twenty 2 bedroom apartments and two 3 bedroom apartments.
The zone code of the land is Πa8a which falls into the zone of areas with continuous development. The density and coverage factors are very high, of 140% and 70% respectively. The area has been funded for restoration. Telecommunication, water, electricity and sewage provisions are offered.
This is a massive opportunity for an investment that should be taken into serious consideration.
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