For SalePrime Development Plot in Faneromeni, Larnaca With Existing Structure & Development Permits 185010
About this property
Prime Development Plot in Faneromeni, Larnaca – With Existing Structure & Development Permits for 12 2-bedroom apartments Asking Price: €900,000 Excellent investment opport in the highly desirable Faneromeni area of Larnaca. The property consists of a prime residential plot with an existing detached house and development potential for a residential apartment project. The property comes with permits for the construction of approximately 12 2-bedroom apartments, making it an ideal opport for developers and investors seeking a ready-to-develop project in a premium location. An existing two-storey residence is already built on the property, offering additional value and flexibility. Property Details: • Plot Area: 939 m² • Category: Residential Plot • Planning Zone: Ka4 (100%) • Building Density: 120% • Coverage Ratio: 50% • Maximum Floors: 3 • Maximum Height: 13.5m • Registered Road Access • Regular Shape • Same road level • Quiet residential area Existing Structure: • Existing detached two-storey house • Year Built: 1990 • Internal Covered Area: 380 m² • Covered Verandas: 165 m² • Uncovered Verandas: 52 m² • Auxiliary Areas: 47 m² • 4 Bedrooms • Basement Parking • Good condition Development Potential: • Permits available for approximately 12 studio apartments • Ideal for residential development or investment project • Excellent central location in Faneromeni • Close to schools, amenities, shops, and Larnaca center • Easy access to main roads and airport Highlights: • Prime investment opport • Existing structure adds immediate value • High building density • Suitable for apartment development • One of the most sought-after residential areas in Larnaca For more information or to arrange a viewing, contact us.
Features
- Connected to electric mains
- Easy access to highway
- Easy access to main roads
- Heart of city center
- Near amenities
- Near bus route
- Prime land
- Quiet area