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Exceptional Investment Opportunity – Residential Plot in Sotiros

  • €240,000/+ VAT

Overview

Property ID: 12939
  • Land
  • Property Type

Description

Prime Residential Plot for Sale – Sotiros, Larnaca | Near Metropolis Mall

An excellent opportunity to acquire a 398 sqm residential plot in the desirable area of Sotiros, Larnaca, ideally located close to Metropolis Mall and Larnaca city centre.

The property benefits from access to a public registered road and is surrounded by established residential developments, making it an attractive option for private buyers, developers and investors.

With its convenient location and residential planning classification, this plot offers excellent potential for the development of a private residence or residential project.

Property Features:

  • Plot size: 398 sqm
  • Planning zone: Κα3 (KA3)
  • Public registered road access
  • Residential development potential
  • Convenient location
  • Close to Metropolis Mall
  • Near Larnaca city centre
  • Easy access to shops, supermarkets, schools and other essential amenities and services

Planning Zone – Κα3 (KA3)

The property falls within residential planning zone Κα3, which is designated predominantly for residential development.

The standard planning parameters for this zone are:

  • Building density: 140%
  • Building coverage: 50%
  • Maximum number of floors: 4
  • Maximum building height: 17 metres

Potential Development:

Based on the standard 140% building density, the 398 sqm plot offers a theoretical maximum of approximately 557.2 sqm of total covered floor area, subject to applicable planning regulations and approval by the relevant authorities.

Prime Location – Sotiros, Larnaca

The plot enjoys a strategic location close to Metropolis Mall and Larnaca city centre, offering convenient access to a wide range of shopping facilities, restaurants, schools, supermarkets and everyday services.

An excellent opportunity to secure a residential plot in a well-established area of Larnaca, suitable for both development and long-term investment.

Development Potential – Architectural Plans Submitted

An additional advantage of this plot is that architectural plans have already been submitted for the issuance of a Planning Permit for a proposed residential development consisting of four apartments across four floors.

This provides an attractive opportunity for developers and investors looking to proceed with a residential project in a prime location in Sotiros, Larnaca, potentially saving valuable time in the initial design and planning stages.

The Planning Permit is pending approval.

Contact us today for further information or to arrange a viewing!

Details

  • Property ID 12939
  • Price €240,000/+ VAT
  • Land Area 398 m²
  • Property Type Land
  • Property Status For Sale

Additional details

  • Distance to the Sea 2km
  • Distance to the Airport 9km

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All information provided herein has been obtained from sources believed reliable, but may be subject to errors, omissions, change of price, prior sale, or withdrawal without notice. Arena Properties Real Estate and its affiliates make no representation, warranty or guaranty as to accuracy of any information contained herein.

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