Prime Commercial Development Plot in Larnaca Port Area with Approved Planning Permit for 8-Storey Building

Prime Commercial Development Plot in Larnaca Port Area

PRICE: €1.400.000

Investment Opportunity with Approved Planning Permit for 8-Storey Building

Exceptional investment opportunity in the highly strategic Port area of Larnaca. This corner commercial plot is ideally located in one of the city’s fastest-growing and most promising development zones, close to the New Marina and Larnaca Port redevelopment project.

The property includes an existing old commercial structure/shop and comes with approved permits for the construction of an 8-storey modern building consisting of 13 apartments, 2 office spaces, and underground parking.

Property Details:

• —Plot Area: 728 m²
• —Category: Commercial Plot
• —Planning Zone: Εβ2 (100%)
• —Zone Use: Commercial & Related Activities
• —Building Density: 180%
• —Coverage Ratio: 50%
• —Maximum Floors: 6
• —Maximum Height: 24m
• —Corner / Privileged Plot
• —Registered Road Access
• —Same road level
• —Regular Shape

Existing Structure:

• —Existing old commercial building
• —Year Built: 1980
• —Condition: Medium

Approved Development Permit:

• —Permit for construction of an 8-storey building
• —13 apartments
• —2 office spaces
• —Underground parking area

Approved Floor Areas:

• —Ground Floor: 76 m²
• —1st Floor: 130.3 m²
• —2nd – 7th Floors: 213.3 m² each
• —8th Floor: 147.2 m²

Investment Highlights:

• —Prime location near Larnaca Port & Marina redevelopment
• —Ready development opportunity with permits in place
• —Ideal for residential and commercial investment
• —Excellent future capital growth potential
• —High-demand area with strong development activity
• —Easy access to city center, Finikoudes, and highway

For more information or to arrange a viewing, contact us.