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Residential Development Plot near Larnaca Marina & Finikoudes — 515 m²For Sale

Residential Development Plot Near Larnaca Marina & Finikoudes — 515 m²

Ref. 310111953
Plot
515 m²
Price
€550,000
Land
Your advisor for this property
Giorgos Tsiampos

Giorgos Tsiampos

Client Services Manager

Languages: Greek & English

About this property

This land parcel A prime plot of 515 sqm, ideally located close to the new Larnaca Marina and Finikoudes, offering an excellent opportunity for in one of Larnaca’s high-demand areas. The property falls within Ka4 residential planning zone, with 120% building density and 50% coverage, allowing development of up to three floors, subject to the relevant planning and building permits. Development Potential A development concept has been identified for the construction of a modern residential project comprising: 1st & 2nd Floors 2 × Two-bedroom apartments per floor Total: 4 × Two-bedroom apartments 3rd Floor 1 × Two-bedroom apartment with private roof garden 1 × Three-bedroom apartment with private roof garden This provides a potential development of 6 residential units, including two premium top-floor apartments with private roof gardens. The proposed layout offers an attractive combination of smaller and larger apartments, making the project suitable for both the owner-occupier and rental investment markets. Key Features Plot size: 515 sqm Residential planning zone: Ka4 Building density: 120% Coverage: 50% Up to 3 floors Rectangular residential plot Excellent development potential Close to Larnaca Marina Close to Finikoudes Strong demand for residential properties in the area Ideal for development and investment Development can potentially commence approximately 60 days after submission of the planning permit, subject to the relevant approvals and procedures. Investment Opportunity With its strategic location near the new Larnaca Marina, Finikoudes and the city centre, combined with generous development parameters, this plot presents an attractive opportunity for developers looking to create a modern residential project in a well-established and highly sought-after part of Larnaca. An excellent opportunity to develop a boutique residential project in close proximity to the sea, marina and city centre

Features

  • Near Amenities
  • Near Schools
  • Near Universities
  • Near Bus Route
  • Near Shopping Centre

Location

Larnaka - Chrysopolitissa, Larnaca
Directions
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Distances

Sea
1.2 km

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