£777,386
€900,000
Land for saleLarnaca, Faneromeni
Just added
About this property
Quiet area
Near bus route
Near amenities
Connected to electric mains
Heart of city center
Easy access to main roads
Easy access to highway
Prime land
Prime Development Plot in Faneromeni, Larnaca – With Existing Structure & Development Permits for 12 2-bedroom apartments
Asking Price: €900,000
Excellent investment opportunity in the highly desirable Faneromeni area of Larnaca. The property consists of a prime residential plot with an existing detached house and development potential for a residential apartment project.
The property comes with permits for the construction of approximately 12 2-bedroom apartments, making it an ideal opportunity for developers and investors seeking a ready-to-develop project in a premium location.
An existing two-storey residence is already built on the property, offering additional value and flexibility.
Property Details:
• Plot Area: 939 m2
• Category: Residential Plot
• Planning Zone: Ka4 (100%)
• Building Density: 120%
• Coverage Ratio: 50%
• Maximum Floors: 3
• Maximum Height: 13.5m
• Registered Road Access
• Regular Shape
• Same road level
• Quiet residential area
Existing Structure:
• Existing detached two-storey house
• Year Built: 1990
• Internal Covered Area: 380 m2
• Covered Verandas: 165 m2
• Uncovered Verandas: 52 m2
• Auxiliary Areas: 47 m2
• 4 Bedrooms
• Basement Parking
• Good condition
Development Potential:
• Permits available for approximately 12 studio apartments
• Ideal for residential development or investment project
• Excellent central location in Faneromeni
• Close to schools, amenities, shops, and Larnaca center
• Easy access to main roads and airport
Highlights:
• Prime investment opportunity
• Existing structure adds immediate value
• High building density
• Suitable for apartment development
• One of the most sought-after residential areas in Larnaca
For more information or to arrange a viewing, contact us.
Asking Price: €900,000
Excellent investment opportunity in the highly desirable Faneromeni area of Larnaca. The property consists of a prime residential plot with an existing detached house and development potential for a residential apartment project.
The property comes with permits for the construction of approximately 12 2-bedroom apartments, making it an ideal opportunity for developers and investors seeking a ready-to-develop project in a premium location.
An existing two-storey residence is already built on the property, offering additional value and flexibility.
Property Details:
• Plot Area: 939 m2
• Category: Residential Plot
• Planning Zone: Ka4 (100%)
• Building Density: 120%
• Coverage Ratio: 50%
• Maximum Floors: 3
• Maximum Height: 13.5m
• Registered Road Access
• Regular Shape
• Same road level
• Quiet residential area
Existing Structure:
• Existing detached two-storey house
• Year Built: 1990
• Internal Covered Area: 380 m2
• Covered Verandas: 165 m2
• Uncovered Verandas: 52 m2
• Auxiliary Areas: 47 m2
• 4 Bedrooms
• Basement Parking
• Good condition
Development Potential:
• Permits available for approximately 12 studio apartments
• Ideal for residential development or investment project
• Excellent central location in Faneromeni
• Close to schools, amenities, shops, and Larnaca center
• Easy access to main roads and airport
Highlights:
• Prime investment opportunity
• Existing structure adds immediate value
• High building density
• Suitable for apartment development
• One of the most sought-after residential areas in Larnaca
For more information or to arrange a viewing, contact us.