Commercial land 660 m²
Project Description:
This property is a prime commercial plot located on Nicosia Road, Larnaca, within the Sotiros parish. The land has a total area of 660 m² and falls under planning zone Εβ1 (100%), designated for commercial and related activities. Its strategic location offers excellent visibility and accessibility, making it ideal for retail, office, or mixed-use development.
Unique Value Proposition:
High development potential with a 200% building density and 50% coverage, allowing for up to 6 floors and 24m height.
Situated along a main commercial avenue connecting Larnaca to Nicosia, ensuring high traffic exposure.
Surrounded by existing commercial and residential developments, providing a ready market base.
Rare investment opportunity in a rapidly growing area with increasing property values.
Zoning: Εβ1 – Commercial and related uses (outside central commercial area)
Potential uses: Offices, retail shops, showroom, or mixed-use commercial building.
Investment Potential:
Given its zoning, location, and building parameters, this plot offers excellent potential for high-yield commercial development in one of Larnaca’s key business corridors. It represents a solid long-term investment with strong capital appreciation prospects.
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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