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271 SQM Plot
Sotiros Agios Ioannis Larnaca, Larnaca

€185,000  ($211,569)

G P LAZAROU ESTATE AGENTS

G P LAZAROU ESTATE AGENTS

A.A. 442 A.M. 701

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $7,405

Average Bank Rate (€185,000)
1 USD = 0.8449 EUR
$218,974

Mid-market rate (€185,000)
1 USD = 0.8744 EUR
$211,569

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: 8620339 (62028)
  • Plot: 271 sqm

Description

For Sale Residential Plot With Planning Permission In Sotiros, Larnaca
Strategic Residential Investment in Sotiros
Experience an exceptional and highly practical investment opportunity with this residential plot, strategically located in the serene and high-potential area of Sotiros, Larnaca. This property represents a top-tier land proposal, offering a solid and highly functional asset for your residential projects or long-term land banking. Designed for investors who demand the perfect balance of urban convenience and strategic location, the plot is situated in a high-demand residential zone. Its strategic position ensures daily practicality for professional and personal routines, making it a secure choice in the thriving city of Larnaca.
Development Potential & High-Value Land Features
The property features a practical area of 271 square meters, providing a substantial canvas for specialized residential development. Boasting a building density of 120% and a coverage factor of 50%, this prime land comes with an invaluable planning permission for the construction of 6 one-bedroom apartments, each designed with an allocated storage room and parking space. With an impressive maximum height allowance of 13.5 meters, investors can construct functional structures up to 3 storeys. This prime land meets the highest standards of modern residential development, offering significant scale and immediate readiness for construction.
Extensive Property Features
Property Type: Residential Plot with Planning Permission
Location: Sotiros, Larnaca
Plot Area: 271 square meters
Building Density: 120%
Coverage Factor: 50%
Maximum Floors: 3 Storeys
Maximum Height: 13.5 meters
Project Details: Permission for 6 one-bedroom apartments with storage and parking
Land Use: Ideal for immediate residential development or long-term investment
Nearby Landmarks & Amenities
In a convenient location for a vibrant urban routine in the Sotiros area, the property is surrounded by important infrastructure.
Metropolis Mall is a primary retail and entertainment hub accessible at 2.5 km.
Larnaca General Hospital is a significant community healthcare landmark accessible at 3.0 km.
Finikoudes Promenade is a major coastal and cultural destination accessible at 2.0 km.
Larnaca Marina is a premier nautical and leisure hub accessible at 2.2 km.
Spyros Kyprianou Avenue is an important navigational artery accessible at 1.0 km.
Larnaca International Airport is a major global travel hub accessible at 7.0 km.
Contact G&P Lazarou Estate Agents today at +357 22024949 or email [email protected] to arrange your private viewing!

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

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.

Transfer fees
If buying as an individual
€4,000 ($4,574)
If buying on joint names
€2,925 ($3,345)

Disclaimer - Property reference 8620339. 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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