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B948 - Development plot with approved planning permit in the port area of Larnaca

Property status: For sale
Location: Cyprus, Larnaca, sea port area
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Development plot with approved planning permit in the port area of Larnaca — thumbnail 1
Development plot with approved planning permit in the port area of Larnaca — thumbnail 2
Development plot with approved planning permit in the port area of Larnaca — thumbnail 3
A rare investment opportunity in the port and marina district of Larnaca — currently one of the largest investment areas in Cyprus. At around 4,000 m² the plot is a rare size for the city and sits directly opposite major government offices, including the Tax Office, Land Registry and Citizen's Service Centre. It carries a planning permit and a ...

A rare investment opportunity in the port and marina district of Larnaca — currently one of the largest investment areas in Cyprus. At around 4,000 m² the plot is a rare size for the city and sits directly opposite major government offices, including the Tax Office, Land Registry and Citizen's Service Centre. It carries a planning permit and a total sellable area of 7,233 m², suited to a mixed business-and-living development that can combine shops, offices, parking and apartments. The ability to sell, rent and use different parts of the scheme gives the final concept strong flexibility and return potential.

The main features of the project and the units:

  • Plot area 4,005 m²
  • Planning permit approved; building permit under study
  • Total sellable area 7,233 m² (5,887 m² internal covered area + 1,346 m² covered verandas)
  • Suited to a mixed business & living development — shops, offices, parking and apartments
  • Directly opposite major government offices (Tax Office, Land Registry, Citizen's Service Centre)
  • In the port and marina investment district of Larnaca
Area & Prices
1 - Plot of land
Area: 7233 m2
Plot: 4005 m2
€ 4,200,000 + VAT
Inside Area: 5887 m2
Covered Veranda: 1346 m2
Price per sq.m: € 581

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