Touristic field for sale in Larnaca

Beachfront Field for Sale: Prime Development Opportunity (10488)

Land Size: 68,228 m
Asking Price: 7M EUR

This exceptional beachfront land offers a rare investment opportunity with a pre-approved development plan and incredible potential. Previously offered at 7 million EUR for the entire 68,228 m, this property can be sold as a whole or in individual plots.

Development Plan:

Total land area: 68,228 m
Zoning: 54% agricultural, 46% touristic

Development options:

18 plots of 1,000 m each (for a villa of 250 m each)
Potential for smaller homes: 130 m villas on plots of 500 m
Agricultural Land Use: Mobile homes or alternative developments possible
Building coverage: 6% 45% (depending on use, touristic or agricultural)

Land Features:

Building Density: Up to 45% in touristic zones, and up to 20% in agricultural zones
Floor Limitations: 2 or 3 stories (depending on zoning and building use)
No VAT or transfer feesthe land is currently held under the name of a company, offering a significant cost-saving (approximately 1.5M EUR saved in fees)
Access: The property does not currently have direct access, but arrangements will be made for connection via the neighboring land.

Investment Opportunity:

Plots can be sold individuallyperfect for developers or investors looking to subdivide the land.
Value potential: Plots are currently being sold for 800,000 EUR each, offering substantial return on investment.

Suitable for:

Residential villas
Mobile homes on agricultural land
Tourism-focused developments
Agricultural uses

Zoning & Development:

Touristic Zone (46%): Can build up to 45% of the land area, with villas or smaller homes.

Agricultural Zone (54%): Ideal for mobile homes or alternative agricultural developments with up to 20% coverage.
For further details or to schedule a site visit, please contact us.