851m2 Land in Larnaka, No. 39547

Property description

For sale: residential plot in a privileged and central location in Aradippou, consisting of two adjoining parcels with a total area of 851 sq.m. The land is flat, featuring a wide frontage of approximately 29 meters and a matching depth, offering excellent development flexibility.
Building parameters:
• Building density: 100%
• Coverage: 50%
• Maximum building height: 13.5 m / 3 floors
One of the parcels includes an existing old house, which can either:
• be renovated and used immediately (for rental income or personal use), or
• be demolished to allow for new residential development (e.g., an apartment building).
This property is ideal for developers and investors seeking a plot with immediate utilization potential and strong prospects for future value appreciation due to its location and development coefficients.
The location offers direct access to schools, services, shops, and main road connections.