65,177 SQM Residential Land for sale in Alethriko, Larnaca

The property consists of 2 large adjacent fields totaling 65.177 sqm in the Alethriko Community in Larnaca District. The property is located circa 370m from the Limassol – Larnaca Motorway near the motorway entrance/exit and 40m north from the Alethriko – Agglisides Road. It has a rather irregular shape and benefits from road frontage of circa 215m along Anexartisia Avenue, Agiou Epifaniou Street, and Kerinias Street—the field with Reg. No 0/9938 falls into residential planning zone H2, whereas the asset with Reg. No 0/10310 falls into a dual planning zone (H3 - 18.604 sqm and Γ3 – 4. 474 sqm). The asset is covered by all the utility services (electricity, water, and telecommunication). The immediate area is characterized mainly by mid to high-specification residential developments as well as unutilized parcels of land. The property falls into three zones: H2 (residential) with 90% building density, 50% coverage, 2 floors and a maximum height of 8,3m, H3 (residential) with 60% building density, 35% coverage, 2 floors and a maximum height of 8,3m and Γ3 (agricultural) with 10% building density, 10% coverage, 2 floors and a maximum height of 8,3m. Partially additional VAT to the selling price.