Residential plot for sale in Larnaca

This exceptional 522 sqm plot offers a rare blend of privacy and nature. Situated in a prime location, the property is bordered by a designated green area on one side and the Forest on the other two sides, ensuring permanent, unobstructed greenery.
The plot falls within dual planning zones, providing a generous building factor:
Zone Ka7 (92%): 80% Density / 45% Coverage
Zone Da2 (8%): 1% Density / 1% Coverage
Building Allowance: 2 Floors
Significant Financial Advantages:
5% VAT Benefit: The planning permit was issued before the new 2023/2024 VAT regulations. This allows the buyer to build under the transitional "Old Scheme" rules, applying the reduced 5% VAT to the first 200 sqm of construction (subject to the buyer's eligibility for a primary residence).
Plot VAT-Exempt: As this is a private sale by an individual, the purchase of the plot itself is most likely not subject to VAT, saving the buyer an additional 19%.
Ready-to-Build:
Permits: Planning permit is valid until 2030. Building permit is available and simply requires a routine renewal.
Plans Included: Architectural plans for a modern 280 sqm residence are included in the price. Also all electrical and mechanical plans.

Pascal is known for its peaceful residential atmosphere, blending modern comforts with a friendly community spirit. The neighborhood features wide streets and well-maintained surroundings, making it a popular choice for families and professionals. There are schools, local shops, and parks nearby, offering convenience and a pleasant lifestyle.