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Beachfront plot very close to the Larnaca Marina

USD 5,753,589

Land (For sale)

38,642 sqft
Reference: QJWQ-T5460 / lac11368
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. View more View less 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.
Reference: QJWQ-T5460
Country: CY
City: Lárnax
Category: Residential
Listing type: For sale
Property type: Land
Property size: 38,642 sqft

SALE PRICE PER SQFT IN LARNACA

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 320
+20.4%
+4.6%
Apartment
USD 340
-
+54.6%

AVERAGE HOME VALUES IN LARNACA

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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