Description
Prime Corner Development Opportunity in Central Larnaca – Approx. 1,400 m² Buildable Area
An exceptional investment and development opportunity in one of the most strategic and rapidly developing areas of Larnaca. This prime 666 m² corner residential parcel offers a rare combination of high building density, extensive road frontage, and central location — making it ideal for apartment development or mixed residential investment projects.
Ideally positioned in the city centre, just minutes from Metropolis Mall and the beachfront, the property benefits from excellent accessibility and strong surrounding demand.
🏗 Development Potential
With a building density of 210%, the property allows for approximately 1,400 m² of buildable covered areas, offering outstanding development efficiency and strong investment fundamentals.
📍 Property Highlights
• Parcel Area: 666 m²
• Corner Position
• Frontage on Three Roads
• Separate Title Deeds Available (2 title deeds)
• Existing structures on site
• Highest and Best Use considered as vacant land redevelopment
📐 Planning & Building Parameters
• Planning Zone: Πα5 – Residential
• Building Density: 210%
• Coverage Ratio: 70%
• Maximum Floors: 3
• Maximum Height: 10 metres
A rare opportunity to acquire a high-density residential development site in a prime urban location of Larnaca, suitable for developers and investors seeking strong development yield potential.
Registered & Licensed Real Estate Agent
Reg. No. 1202 | License No. 625
