For Sale
€2,560,000
The property consists of 2 large adjacent fields totaling 65.177 sqm in the Alethriko Community in Larnaca District.The field with Reg. No 0/9938 falls into residential planning zone H2, whereas the asset with Reg. No 0/10310 falls into dual planning zone (H3 – 18.604 sqm and Γ3 – 4. 474 sqm).The asset is covered by all the utility services (electricity, water, and telecommunication).The immediate area is characterized mainly by mid to high specification residential developments as well as unutilized parcels of land.The property falls into three zones: H2 (residential) with 90% building density, 50% coverage, 2 floors and a maximum height of 8,3m, H3 (residential) with 60% building density, 35% coverage, 2 floors and a maximum height of 8,3m and Γ3 (agricultural) with 10% building density, 10% coverage, 2 floors and a maximum height of 8,3m.