Residential Plot 1180 m²
Land Investment Larnaca (Agios Nikolaos)
📍 Property Overview Near the New Hospital
• Location: Larnaca – Agios Niklaos
• Total: 1,180 m²
• Zone: Κα4 (Residential) – 100%
• Build Density: 120%
• Coverage: 50%
• Floors Allowed: 3
• Max Height: 13.5 m
Development Potential
🧱 Buildable Area
• Total buildable density:
1,180 m² × 120% = 1,416 m² total internal build area
🏢 Suggested Development Options
Option 1: Residential Apartments
• ~10–14 apartments (depending on unit size mix)
• Example:
• 2-bedroom units (~90–110 m²)
• 3-bedroom units (~120–140 m²)
Option 2: Boutique Building
• 6–8 luxury units (larger sizes)
• Higher resale value per m²
Option 3: Mixed Strategy
• Ground floor parking + storage
• Upper floors residential units
Price
• €970,000 total
• €822/m² (land cost) → very competitive for central Larnaca
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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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:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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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:HOMESURVinfo@homessurv.com+357 22 377 004
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