Reference #LAC11368

Beachfront plot very close to the Larnaca Marina

€ 5,500,000

Property Overview

Property Details

Overview

  • Updated On:
  • April 4, 2024
  • Bedrooms
    0
  • Bathrooms
    0
  • Internal Area
  • property_lot_size
  • Plot Size
    3,590 m2

Property Description

Description

The property is a seafront commercial plot in Larnaca. It is located along the Ammochostou Avenue and next to the American University of Cyprus. It has an area of 3590sq.m and 30m road frontage.

It falls within the ZEΑA planning zone, one of the most generous planning zones of the new area plan. The ZEAA zone allows for residential, touristic, office, leisure, and commercial uses, as well as for any other uses that are deemed aligned to the character of the area with a maximum allowable height of 68m/15 floors. The allowable building density begins at 100% but can be increased through selected incentives which are either exclusive or non-exclusive to the Area Plan. The coverage ratio begins at 50%.

The property is in the heart of the new area to be developed. It is surrounded by a vast number of new constructions and amenities following the ongoing projects of the Larnaca Marina and Port as well as the announcement for the development of the Land of Tomorrow project.

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Property Features/Amenities

Places Close to this Property

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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