Residential Plot

MLS: 1512

Sale Price

€ 460,000

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Investment Opportunity

Location: Chrysopolitissa, Larnaca
Type: Residential Plot
Plot Area: 536 sqm
Building Density: 1.2
Coverage Ratio: 0.5
Maximum Floors: 3
Maximum Height: 13.5 meters
Price: €460,000 (No VAT)

Key Investment Highlights

Prime Location: Situated in the sought-after area of Chrysopolitissa, Larnaca, offering excellent potential for attracting residents looking for centrally-located homes with access to amenities, schools, and major transportation links.

High Build Density: With a density of 1.2, this plot allows for the construction of a residential building with up to 536 sqm of covered area, maximizing profitability for developers by creating multiple units.

Flexible Development Options: The 3-floor limit provides flexibility for various residential configurations, from luxury apartments to mid-tier housing, catering to diverse market segments.

Strong Market Demand: Larnaca has seen consistent demand for new residential developments, especially in areas close to the city center, making this plot an attractive investment for long-term returns.

This plot offers a lucrative development opportunity for residential projects in a growing market with strong rental demand and property appreciation potential.

Don’t miss the chance to capitalize on the booming Larnaca real estate market with this prime investment.