Investment Property in Larnaca

Residential Investment Plot with Submitted Plans for Four Apartments Located in Larnaca

This residential plot sits in the area of Larnaca, inside a residential planning zone that allows buildings of up to four floors. Architectural plans have been submitted for a planning permit for a four-storey apartment building, so a buyer starts with a ready development scheme. All development figures depend on the planning approvals being granted.

Estimated Delivery Date - TBC

VAT - TBC

Property Features:

Land Area - 398 m2

Planning Zone - Residential

Permitted Building Density - 140%

Permitted Site Coverage - 50%

Maximum Height - 4 floors

Planning Status - Planning permit applied for

Development Potential:

Proposed Scheme - 4 Apartments Across 4 Floors

Apartment Mix - 3 Three-Bedroom Apartments and 1 Two-Bedroom Penthouse

Proposed Total Build - 499 m2

Three-Bedroom Apartments - 110 m2 internal plus 13 m2 Covered Veranda Each

Two-Bedroom Penthouse - 77 m2 internal, 35 m2 Veranda and 32 m2 Roof Garden

Ground Level - Covered Parking and Main Entrance

Location:

Enjoy a prime location with convenient access to essential amenities, Larnaca International Airport, and the beautiful Mediterranean coastline.

AlphaMega Supermarket - directly opposite the property

St. Raphael Private Hospital - directly opposite the property

Larnaca International Airport - 7–10 km about a 10–15-minute drive

Larnaca Salt Lake - 3–5 km about a 5–10-minute drive

Finikoudes Beach and Promenade - 2–3 km about a 5–10-minute drive

Mackenzie Beach - 4–5 km about a 10-minute drive

Larnaca General Hospital - 3–5 km about a 5–10-minute drive

Metropolis Mall - 3–5 km about a 5–10-minute drive

Disclaimer: Images are computer-generated renders and architectural drawings based on plans submitted for a planning permit. They are for illustration only and do not show the current state of the plot. The final design, layouts, sizes and finishes depend on planning approval and may change.