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Prime Sea-View Investment Opportunity in Ayios Theodoros , Larnaca

USD 1,155,402

Land (For sale)

306,104 sqft
Reference: WJTH-T2038 / 47145
Located in Larnaca.
Discover an exceptional real estate investment in the picturesque village of Ayios Theodoros, Larnaca District. This property comprises two adjoining tourist fields totaling 28,438 sqm, offering stunning panoramic sea views and an unbeatable location just 300 meters from the coast and 250 meters from the Mazotos-Zygi connective road. Planning application for the creation of three fields have been submitted to the planning authority. The plots will have sufficient access to the public road with full development rights. This property is perfect for developers and investors looking to capitalize on the increasing demand for tourism-related projects in the region. Whether you're planning a luxury resort, a residential complex, or a mixed-use development, these fields offer the versatility and potential to bring your vision to life. Property with registration number 0/26504, extending to approximately 8362 sq.m. in total and falls within Zone Τ3β, with a building coefficient of 30%, coverage of 20%, and permission for 3 floors (13.5m) of construction. Property with registration number 0/26504, extending to approximately 8362 sq.m. in total, falls within a duel Zone Γ3(3%), with a building coefficient of 10%, coverage of 10%, and permission for 2 floors (8.3m) of construction and Zone Τ3β(97%) , with a building coefficient of 30%, coverage of 20%, and permission for 3 floors (13.1m) of construction.
View more View less Located in Larnaca.
Discover an exceptional real estate investment in the picturesque village of Ayios Theodoros, Larnaca District. This property comprises two adjoining tourist fields totaling 28,438 sqm, offering stunning panoramic sea views and an unbeatable location just 300 meters from the coast and 250 meters from the Mazotos-Zygi connective road. Planning application for the creation of three fields have been submitted to the planning authority. The plots will have sufficient access to the public road with full development rights. This property is perfect for developers and investors looking to capitalize on the increasing demand for tourism-related projects in the region. Whether you're planning a luxury resort, a residential complex, or a mixed-use development, these fields offer the versatility and potential to bring your vision to life. Property with registration number 0/26504, extending to approximately 8362 sq.m. in total and falls within Zone Τ3β, with a building coefficient of 30%, coverage of 20%, and permission for 3 floors (13.5m) of construction. Property with registration number 0/26504, extending to approximately 8362 sq.m. in total, falls within a duel Zone Γ3(3%), with a building coefficient of 10%, coverage of 10%, and permission for 2 floors (8.3m) of construction and Zone Τ3β(97%) , with a building coefficient of 30%, coverage of 20%, and permission for 3 floors (13.1m) of construction.
Reference: WJTH-T2038
Country: CY
City: Larnaca
Category: Residential
Listing type: For sale
Property type: Land
Property size: 306,104 sqft

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SALE PRICE PER SQFT IN LARNACA

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 269
+8.4%
+14.8%
Apartment
USD 284
+4.3%
+14.2%

AVERAGE HOME VALUES IN LARNACA

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