Prime 1/3 Share in a 12,121m² Field in Ormideia, Larnaca

Prime 1/3 Share in a 12,121m² Field in Ormideia, Larnaca (6879) This exceptional investment opportunity offers a 1/3 share in a 12,121 m² field located approximately 600 meters west of the Ormideia community center, abutting Demokratias Avenue. The field boasts an irregular shape with a smooth and flat surface, ideal for various development projects. The share for sale corresponds to the northern part of the field, as outlined in the distribution agreement. The property is subject to VAT. Planning Zones Breakdown: Zone H3 (Residential): 13% of the property Building Ratio: 60% Coverage Ratio: 35% Max Floors: 2 Max Height: 8.30m Zone H2 (Residential): 87% of the property Area of: 4040 sq.m Building Ratio: 90% Coverage Ratio: 50% Max Floors: 2 Max Height: 8.30m Location Highlights: 600m from Ormideia community center Frontage on Demokratias Avenue Ideal for residential development This field, with its prime location and favorable zoning regulations, offers an excellent opportunity for residential development. With a mix of high building and coverage ratios, developers have the flexibility to maximize the potential of this property. Investment Opportunity: Potential for significant residential development Attractive location within Ormideia Good accessibility and infrastructure