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8,250 SQM Residential Land
Tersefanou, Larnaca

€675,000  ($780,668)

REMAX Cyprus

REMAX Cyprus

Reg. No: 758 / License No: 410/E

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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 $27,323

Average Bank Rate (€675,000)
1 USD = 0.8354 EUR
$807,991

Mid-market rate (€675,000)
1 USD = 0.8646 EUR
$780,668

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 (Η1)

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

Coverage: 0.7

Density: 1.2

Height: 11.4 meters

Allowed stories: 3

Development description: Policy Statement (Excluding Zone 3) (Δηλωση Πολιτικης (Χωρ. Περιοχη 3))


Nearby planning zones

Commercial: 4.38 Km

Tourist: 3.44 Km

Industrial: 1.78 Km

Agricultural: 0.91 Km

Farm: 2.47 Km

Key features

  • Listing ID: 8785610 (480081001_1546)
  • Plot: 8250 sqm

Description

An outstanding residential development opportunity comprising 8,250 m² of land located on the northern edge of Tersefanou, within a well-established and rapidly developing residential area.

The property falls within the H2 Residential Planning Zone, offering a 90% building density and 50% coverage ratio, providing significant development potential for a residential project.

The plot benefits from road frontage on both its eastern and western boundaries, facilitating efficient site planning and multiple access options.

The land's morphology is predominantly level with a gentle northern gradient, enabling attractive views across the Tersefanou Valley and enhancing the appeal of any future residential development.

Strategically positioned just 8 km from Larnaca International Airport and approximately 4 km from the main motorway network, the property enjoys excellent connectivity to major cities, tourist destinations, and key infrastructure throughout Cyprus.

With its substantial size, favourable planning parameters, dual road access, and highly accessible location, this asset presents an ideal opportunity for developers seeking to deliver a residential project in an area experiencing continued growth and demand.

Key Development Highlights :

- Land area: 8,250 m²
- H2 Residential Zone
- Building density: 90%
- Coverage ratio: 50%
- Road frontage on two sides
- Gentle topography with valley views
- 8 km from Larnaca International Airport
- 4 km from the motorway network

Suitable for residential subdivision or multi-unit residential development

A compelling development proposition in one of the most accessible residential growth areas of the Larnaca district.

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
€23,600 ($27,294)
If buying on joint names
€20,200 ($23,362)

Disclaimer - Property reference 8785610. 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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