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Residential Field 2950 m²

Larnaca, Tersefanou
Posted: 26.01.2026 19:08 Ad ID: 6179476
Residential Field 2950 m²
  • Share: No
  • Density: 60%
  • Coverage: 35%
  • Land type: Field
  • Plot area: 2950 m²
  • Plot Type: Residential
  • Postal code: 7562
  • Planning zone: H3
  • Online viewing: Yes
  • Square meter price: €81 /m²
Location: Larnaca — Tersefanou

Project Description

The project consists of a single land parcel with an approved license for subdivision into three residential plots. The property is located in a residential development zone under the jurisdiction of Dromolaxia–Meneou Municipality (Tersefanou area). All relevant planning approvals have been granted, significantly reducing development time and regulatory risk for the buyer.

Unique Value Proposition

Approved subdivision license for 3 plots, eliminating lengthy approval procedures.

Located in a residential planning zone (H3 – 100%), suitable for housing development.

Strong development parameters, including high building density and coverage, allowing efficient land utilization.

Ideal for small-scale residential development, detached houses, or future resale of individual plots.

Suitable for both local and international investors seeking ready-to-develop land.

Planning & Development Highlights

Zoning: Residential (H3 – 100%)

Permitted Development:

Building Density: up to 60%

Coverage: up to 35%

Floors: up to 2

Maximum Height: approx. 8.3 meters

Subdivision: Approved for 3 separate plots

Infrastructure: Water connection fees assessed and approved

Financial Feasibility

The land benefits from pre-approved subdivision, reducing upfront costs, uncertainty, and development timelines.

The buyer can:

Develop three residential units for sale or rental, or

Sell the individual plots separately, maximizing return on investment.

The project offers clear exit strategies with strong resale potential due to zoning and location.

Suitable for investors seeking medium-risk, high-efficiency residential development opportunities.

Investment Appeal

This project represents a ready-to-execute investment opportunity with minimal administrative barriers. The approved subdivision, residential zoning, and strong development parameters make it an attractive option for developers, investors, or end-users seeking flexibility, security, and solid future returns.

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Views: 61
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  • Legal inspection:
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    +357 22 377 004
  • Legal inspection:
    CTA LAW FIRM C.T. Antoniou & Co LLC
    + 357 22 516 838
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Posting since jun, 2018

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