RESIDENTIAL DEVELOPMENT PLOT IN KRASA

Larnaca

Asking price

€275.000

RESIDENTIAL DEVELOPMENT PLOT IN KRASA
For Sale
Ref 125108
Title DeedInvestment Opportunity
1 / 2

Gallery (2)

Plot
534 m²

Overview

Reference
125108
Category
residential_sales
Property type
plot
City
Larnaca
VAT
No
Land type
Plot
Zone
Κα5
Frontage
30 m

Description

Residential plot of land measuring 543 m², situated in the popular Krasa area of Larnaca. The plot is suitable for building a spacious private residence or for residential development, making it an attractive opportunity for both individuals and property developers. The plot benefits from 100% building density, 50% coverage, permission for up to 3 floors, and a maximum building height of 13.5 metres. This allows for approximately 543 m² of total covered construction, subject to planning permission and the architect’s final design. For development purposes, the plot could potentially accommodate approximately six well-designed two-bedroom apartments ranging between 75 to 82 m² arranged over three floors, or a combination of larger and smaller units. The final number of apartments will depend on the required communal areas, parking spaces, balconies, staircases, lift, setbacks and planning regulations. The location provides excellent access to the highway network, Larnaca International Airport and Larnaca town centre, with convenient connections towards Nicosia and Limassol. An excellent opportunity to construct a private family home or develop a modern residential apartment building in a well-connected area of Larnaca.

Characteristics

  • Corner
  • Mountain view