723m² Land in Larnaca, Cyprus No. 72451

Property description

We are thrilled to present a great investment opportunity, a large residential area with plans submitted for 16 apartments for sale in Larnaca City. The property will be granted a permit for a 4-floor building with 16 apartments of which the penthouses will enjoy a private roof garden each. The permit is expected to be approved within the next 2 months.

The land consists of 3 adjoining plots within which there are some very old houses with no real value. It has an approximate total area of 723m2 based on an on-site inspection and measurement by an independent surveyor using the land registry cadastral plans.

The location of the property is considered good, being situated at walking distance from all kinds of amenities such as supermarkets, pharmacies, restaurants, banks, offices and more. At a very short drive you can find the famous Finikoudes beachfront and St. Lazarus Church as well as the Mackenzie beachfront with all the bars and restaurants, the Metropolis Mall, the Larnaca Intl Airport and the motorway towards the rest of the cities.