€240,000
+VAT
TITLE DEED
INVESTMENT OPPORTUNITY
Prime Residential Plot with Development Potential for Sale in Drosia, Larnaca
Larnaca, Drosia
Share
Overview
Reference 57957
Title Deed: Yes
Plot:398m²
Prime Residential Plot with Development Potential for Sale in Drosia, Larnaca. Ideally located in a highly desirable residential area, the property enjoys close proximity to a wide range of amenities and services, including a private clinic, major supermarkets, schools, shops, cafes, and restaurants. Its excellent location offers easy access to Larnaca city centre and the surrounding areas.

The plot has a total area of 398 sq.m. and is situated in a quiet cul-de-sac, benefiting from access to a registered road. It falls within the residential planning zone Κα3, with a building density of 140%, building coverage of 50%, and allowance for up to four floors with a maximum height of 17 metres.

The property presents an excellent investment opportunity, with architectural plans already submitted for the issuance of a planning permit for a four-storey residential development comprising three three-bedroom apartments and one two-bedroom penthouse apartment.

Its prime location, high building density, and development potential make it an ideal choice for investors and developers seeking a promising residential project in one of Larnaca's most sought-after areas.

Title Deed Available.
Allowances
Zone Cover Factor Build Factor Max Height Max Floors
Ka3 50% 140% 17 m 4
Features
  • Connected to electric mains
  • Cul de sac
  • Easy access to main roads
  • Investment opportunity
  • Near amenities
  • Near bus route
  • Prime land
Distances
Amenities: 500 m
Airport: 6 km
Sea: 2.5 km
Public transport: 300 m
Schools: 300 m
Resort: 1 km
Currency
Branch
Contact
Open on mobile