€300,000 $314,342
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Pay in USD and save up to $11,002Planning Zone
Commercial (ΕΒ5)
Description: Commercial And Other Related Activities (Εμπορικες Και Αλλες Συναφεις Δραστ. Εκτος Αστ. Εμπ. Κεντρ.)
Coverage: 0.5
Density: 1.2
Height: 13.5 meters
Allowed stories: 3
Development description: Local Plan Of Larnaca (Τοπικο Σχεδιο Λαρνακας)
Nearby planning zones
Residential: 0.86 Km
Tourist: 4.14 Km
Industrial: 0.59 Km
Agricultural: 1.52 Km
Farm: 2.61 Km
Key features
- Listing ID: 1522802 (29176)
- Plot: 592 sqm
Description
This excellent plot with the potential for residential apartments and commercial shop development is located on a main avenue in Aradippou.
Below are the key details of the property:
•Plot Location: Aradippou
•Plot Area: 592 square meters
•Zoning: Eb5
•Building Ratio: 120%
•Coverage Ratio: 50%
•Maximum Height: 3 floors
•Total Buildable Area: 710 square meters
•Road frontage 20 meters.
Proposed Development Options:
Mixed-Use Development (Ground floor commercial, upper floors residential)
Ground floor: Two retail units (60 m² each) or 1 retail unit (120 m²) - with
allocated parking.
Remaining 590 m² for residential use over 2 floors:
Two options for apartment layouts:
Option 1: One 3-bedroom apartment (95 m²), one 2-bedroom apartment (80m2)
and two 1-bedroom apartments (55 m² each) per floor. (Total of 8 units).
Option 2: Three 2-bedroom apartments (75 m² each) and one 1-bedroom
apartment (55 m²) per floor. (Total of 8 units).
Communal areas: 26 m².
Please note that the adjacent plot with a further 592sqm area is also for sale and if there is interest for both we can consider a proposal for both plots.
Please contact Stelios on +357-99640461 for further details.
Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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