37,000sqm Mix use Field in Meneou

A prime investment opportunity with multiple development possibilities.

Consists of two adjacent fields in Dromolaxia-Meneou. It is located 1,2km from Larnaca International Airport . The fields have a total area of 36,999sqm and a total road frontage of 440m. They fall within the airport special facilities zone which has similar characteristics as a commercial zone.

The property can be used for the development of:

- Residences homes or apartments

- Boutique hotels

- Shops with a gross area greater than 250sqm

- Supermarkets and Multi-purpose commercial developments

- Offices

- Specialized use businesses (car rental/car parks)

- Sports venues

- Entertainment halls

A procedure for the submission of a planning permit to divide the 2 fields and to separate them into 42 residential plots has been initiated.

The unified parcel falls withing the following Planning Zones ΕΔΑ1 with 90% Building Density, 50% Coverage, 2 floors over 10m height, and Εβ/Πα9α with 120% Building Density,70% Coverage, 2 floors over 8.30m height.

The price is Plus VAT.

For further details please contact our office.