£778,087

Land for sale

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Just added

£778,087

€900,000

Land for sale

Larnaca, Faneromeni

Local area information

Property location

This location is approximate only. Contact the agent for the exact address.

Nearby amenities

Features and description

  • Quiet area
  • Near bus route
  • Near amenities
  • Connected to electric mains
  • Heart of city center
  • Easy access to main roads
  • Easy access to highway
  • Prime land
Prime Development Plot in Faneromeni, Larnaca – With Existing Structure & Development Permits for 12 2-bedroom apartments

Asking Price: €900,000

Excellent investment opportunity in the highly desirable Faneromeni area of Larnaca. The property consists of a prime residential plot with an existing detached house and development potential for a residential apartment project.

The property comes with permits for the construction of approximately 12 2-bedroom apartments, making it an ideal opportunity for developers and investors seeking a ready-to-develop project in a premium location.

An existing two-storey residence is already built on the property, offering additional value and flexibility.

Property Details:

• Plot Area: 939 m2
• Category: Residential Plot
• Planning Zone: Ka4 (100%)
• Building Density: 120%
• Coverage Ratio: 50%
• Maximum Floors: 3
• Maximum Height: 13.5m
• Registered Road Access
• Regular Shape
• Same road level
• Quiet residential area

Existing Structure:
• Existing detached two-storey house
• Year Built: 1990
• Internal Covered Area: 380 m2
• Covered Verandas: 165 m2
• Uncovered Verandas: 52 m2
• Auxiliary Areas: 47 m2
• 4 Bedrooms
• Basement Parking
• Good condition

Development Potential:
• Permits available for approximately 12 studio apartments
• Ideal for residential development or investment project
• Excellent central location in Faneromeni
• Close to schools, amenities, shops, and Larnaca center
• Easy access to main roads and airport

Highlights:
• Prime investment opportunity
• Existing structure adds immediate value
• High building density
• Suitable for apartment development
• One of the most sought-after residential areas in Larnaca

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

Floor plans and tours

Floor plans

No floor plan available

Tours

No virtual tour available

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Lextrus Real Estate LTD. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Lextrus Real Estate LTD for full details and further information.

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