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Land for sale

Maroni, Larnaca, Cyprus

£783,494 *  [€900,000]

Land for sale

Maroni, Larnaca, Cyprus

£783,494 *  [€900,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 8470 m2

Features


  • Easy access to main roads
  • Next to green area
  • Investment opportunity
  • Quiet area
  • Sea view
  • Walking distance to beach
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Full Description


Sea View Tourist Land with Incomplete Residential Project in Maroni, Larnaca. It is located 2.1 km from the community center and 180m from the coastline. It is adjacent to the coastal road that connects Maroni with Zygi and Psematismenos. The wider area consists mainly of greenhouses, residential and touristic developments.

The property comprises an incomplete residential development designed to consist of 28 residential units, 2 retail shops, a swimming pool, a basketball court and perimeter fencing. The development is supported by two active Planning Permits, including a Planning Permit for the development valid until December 2029 and a Planning Permit for the subdivision of the land into individual plots valid until December 2028.

The Land has a total area of 8.470 sq.m. with frontage of 100m and falls within touristic planning zone T3e allows for 40% building density, 20% coverage, up to 3 floors, and a maximum height of approximately 13,10 metres.

This property represents an exceptional investment opportunity, comprising an incomplete residential development with active planning permits, offering excellent potential for completion and future capital appreciation.

It should be noted that the property may alternatively be acquired by purchasing the issued share capital of the company that owns the property.
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Map may not show exact location

This property listing (ref: 56795) is an advertisement supplied by Kalogirou Real Estate and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8705 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.