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.