Residential Land for Sale in Larnaca

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€15,000,000 EUR

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Ref 2202265 | Larnaca, Larnaca | Residential Land

Currency services provided by Excel Currencies 15,000,000 EUR  |  Approx.£12,916,500 GBP  |  Approx. US$16,053,000 USD
Mazotos , Larnaca, Larnaca
  • Type: Residential Land
  • Location: Larnaca
  • Province: Larnaca
  • Country: Cyprus
  • Bedrooms: 0
  • Bathrooms: 0

This stunning large beach area of land is located in the stunningly peaceful and picturesque area of Mazotos in the Larnaca district. A highly popular area both for residential and exclusive commercial projects. It is located close to local villages of Kiti, Pervolia and larnaca town and just a 10 minute driveway to the local highway leading to Nicosia and Limassol areas.
There is close access to all local amenities including shops, supermarkets, banks, restaurants, hotels and much more.
The land comprises of 6 very large plots which total to 85,100m2. Due to its zoning T2u - Tourist zone, the commercial potential is vast allowing for a few building options. The land also has direct access to a road.
Title Deeds available
Option 1 - Hotel Development
Maximum allowable Density 45% x 120% = 54%
Maximum allowable Coverage 20%
No. of floors 3 — maximum height of building 13,10 m
Option 2 — "Tourist Village" Development
Maximum allowable Density 40% x 120% 48%
Maximum allowable Coverage 20%
No. of floors 2 — maximum height of building 8,30 m
Option 3 - Residential Development

Maximum allowable Density 20%
Maximum allowable Coverage 20%
No. of floors 2 — maximum height of building 8,30 m

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