£1,384,646

€1,600,000

Property for sale
Larnaca, Drosia

    Unfurnished
    Added on 20/11/2025

    About this property

    • Near bus route

    • Near amenities

    • City view

    • Investment opportunity

    • Connected to electric mains

    • Easy access to main roads

    • Easy access to highway

    • Prime land

    Residential building in Drosia, Larnaca (9560)

    price: 1.600.000 + VAT

    An exceptional development opportunity in the sought-after Drosia area of Larnaca, ideal for residential investment or the construction of a boutique apartment building. Positioned just 6 km from Larnaca International Airport and close to essential amenities, schools, and local facilities, this property is an off plan building with 8 apartments

    Key Property Highlights:

    Development Specs: Licensed for 4 floors, allowing up to 8 two-bedroom apartments, with each floor designed for two units, including storage and amenities.

    Building Details:
    First to Third Floor: Total area of 177.3m2 with covered verandas of 42m2 each floor
    Fourth Floor: Roof garden area of 168.9m2 and covered verandas of 40.4m2.
    Zoning: Ka4 (Residential Zone)

    Building Density: 120%

    Coverage Ratio: 50%

    Land Features:

    Access: Via registered road
    Shape: Regular with street frontage on one side; flat level, ensuring ease of construction
    Surroundings: Peaceful and unobstructed, providing a tranquil environment
    Ideal for Developers: This site offers substantial potential for creating a modern residential complex, complete with a roof garden. The current building license allows for prompt construction of the approved 4-story structure.

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