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Prime Development Opportunity in the Sotiros LarnacaFor Sale

Prime Development Opportunity in the Sotiros Larnaca

Ref. LEX-EB-13169
Covered
132 m²
Plot
759 m²
Year
1982
Price
€1,300,000
Commercial Building
Your advisor for this property
Stavroula Michail

Stavroula Michail

Founder / Director

Languages: Greek & English

About this property

Location: Larnaca Municipality – Sotiros Parish

Plot Size: 759m² | Zoning: Κα3 (32%) – Residential & Εβ2 (68%) – Commercial Planning Zone: Local Plan of Larnaca | Building Density: Up to 180% | Coverage: 50% Maximum Floors: 6 | Maximum Height: 24 meters

Permits: Full permits in place for 6 floors, with partial skeletal construction (3 floors already erected with permits)

Key Features:

Main Road Access: Registered road frontage

Plot Shape & Elevation: Regular-shaped, level with road

Visibility: Single-side road frontage for high visibility

Existing Structure: Old ground-floor commercial unit (shop), 132m² enclosed area + 80m² basement

Construction Year: 1982

Current Building Condition: Moderate (Category “C”)

No obstructions or nuisances – Clean development canvas

Environmental Setting: Standard urban environment with no disturbances

This is a standout opportunity for residential, commercial, or mixed-use development in one of Larnaca’s most strategic and up-and-coming areas. The property is located within the vibrant Sotiros parish and is part of Larnaca's local town plan, offering excellent flexibility for diverse projects. With a high building density and 6-floor development approval already in place, this is ideal for:

Residential apartments

Office buildings

Mixed-use developments

Commercial complexes

For developers and investors seeking a high-potential asset in Larnaca, this plot combines location, scale, and readiness for construction. A rare find with both planning advantages and existing structural progress.

Features

  • City view
  • Easy access to highway
  • Easy access to main roads
  • Near amenities
  • Near bus route
  • Near public transport

Location

Sotiros, Larnaca
Directions
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