A Prime Beachfront Parcel Of Land For The Development Of A Resort In Larnaca

The property consists of three consecutive rectangular size plots, attached to a fourth plot to the South which acts as the beachfront of the whole asset. An overall of 145.000 m2 of land with a flat, even surface, offering beautiful sea views.

The land benefits from public road frontage to the North providing easy vehicular, cycling and pedestrian access. Utility services are readily available from the public road (Water, Electricity, Telecommunications).

The property falls primarily into the ”T2A” touristic zone, giving the owner various investment options in developing the land with the highest gain in buildable area given when the land is developed as a hotel resort, touristic village and luxury villas. A developed Masterplan is available on further request.

Some of the key features of the property are:

•Land Area: 145,000 SQM

•Gross Buildable Area: 57,000 SQM

•Buildable Area: 52,000 SQM

•Rentable Area: 40,000 SQM (400 hotel rooms, 162 apartments, 39 villas)

•Coverage: 20%

•Zoning: T2A, Z1

•Allowed Uses: Touristic, Residential, Hospitality

Feel free to contact us for more information on this one-of-a-kind opportunity.