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Residential Plot 2243 m²

Larnaca, Larnaka - Finikoudes
Posted: 21.02.2026 11:37 Ad ID: 6296150
Residential Plot 2243 m²-1 Residential Plot 2243 m²-2 Residential Plot 2243 m²-3 Residential Plot 2243 m²-4 Residential Plot 2243 m²-5 Residential Plot 2243 m²-6 Residential Plot 2243 m²-7 Residential Plot 2243 m²-8 Residential Plot 2243 m²-9 Residential Plot 2243 m²-10 Residential Plot 2243 m²-11 Residential Plot 2243 m²-12
  • Reference number: 480091031-195
  • Land type: Plot
  • Plot area: 2243 m²
  • Plot Type: Residential
  • Online viewing: Νο
  • Square meter price: €2.006 /m²
Location: Larnaca — Larnaka - Finikoudes

PRIME DEVELOPMENT PLOT Central Larnaca

~2,243 sqm plot area | Advanced Planning Stage

LOCATION

Prime frontage on one of Larnacas strongest commercial and residential corridors.

- Central city positioning

- High visibility & traffic exposure

- Proven residential demand

- Strong retail viability

TWO INVESTMENT OPTIONS

Formula 1 Plot Acquisition

- € 4.5M asking price

- € 4.8M after permit issuance

- Immediate value upside

Formula 2 Structured Mixed-Use Development (with plans)

- Assessed project value: €5.2M

- Conservative construction cost: €2,000 / sqm

- Financial model available

- Flexible unit mix strategy

DEVELOPMENT PROJECT with plans

- 18-floor building

- Approx. 6,000 sqm total buildable area

- 39 residential units

- 5 retail units (ground floor)

- Option to increase 1-bedroom units (subject to permit modification)

Planning permit submitted

Preliminary views approval obtained

Advanced entitlement stage ideal timing for entry.

INVESTMENT HIGHLIGHTS

- Prime urban frontage

- Limited central land availability

- Strong market momentum

- Conservative underwriting

-Clear upside at entry

- High absorption potential

SERIOUS DEVELOPERS AND INVESTORS ONLY.

- Direct inquiries welcome.

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Run a full technical and legal real estate check today
  • Technical inspection:
    HOME CHECK
    +357 96 504 296
  • Legal inspection:
    M.PARASCHOU LAW Advocates & Legal Consultants
    +357 22 622 262
  • Technical inspection:
    HOMESURV
    +357 22 377 004
  • Legal inspection:
    CTA LAW FIRM C.T. Antoniou & Co LLC
    + 357 22 516 838
  • Technical inspection:
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    +357 99 592 218

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Posting since apr, 2017

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