€ 1 575 000

€ 5 097 / sqm

+ VAT

309m2 Land in Larnaca, Larnaka, Cyprus No. 62398

309 sq.m.

Square

Parameters

Property Description

COMPLETE 4-RESIDENCE LUXURY DEVELOPMENT | LARNACA

Four Luxury Residences | Permits Secured | €1,700,000 Project

A boutique residential development in a prime central/coastal location in Larnaca.

The project has already been substantially prepared, with the architectural design completed and planning and building permits secured for the existing four-residence scheme.

The €1,700,000 proposition is for the delivery of four luxury residences, with one principal residence per floor.

THE PROJECT

The current design includes:

• Four luxury residences
• Approx. 469.80 m² total apartment area
• Generous covered verandas
• Private penthouse roof garden of approx. 33 m²
• Parking and storage provision
• Photovoltaic provision
• Contemporary architectural design
• Planning & building permits secured

The concept has been designed as a small, private residential development rather than a large apartment building, with just one principal residence on each residential floor.

ADDITIONAL FLOOR ALREADY APPROVED

There is also further development potential.

In addition to the four residences included in the €1,700,000 project, an additional floor has already been approved.

This gives the purchaser the option to explore further permitted development beyond the current four-residence scheme.

The additional floor is not included in the €1,700,000 project price. Its design, construction cost, specifications and commercial terms would need to be agreed separately and remain subject to the conditions of the existing approval.

PRIME CENTRAL / COASTAL LARNACA LOCATION

• Approx. 580 m from Saint Lazaros Church
• Approx. 700 m from Downtown Larnaca
• Approx. 850 m from Finikoudes / Palm Tree Beach
• Approx. 1.2 km from Larnaca Marina / Old Harbour

The location combines easy access to central Larnaca with the beach, marina and some of the city’s best-known destinations close by.

A PROJECT READY TO MOVE FORWARD

For a purchaser looking for a boutique residential development in Larnaca, much of the early work has already been done.

Four luxury residences.
Permits secured.
Architectural design completed.
Additional floor approved.
€1,700,000 project proposition.

Full architectural drawings, existing permits and documentation relating to the additional-floor approval are available to qualified purchasers for due diligence.

Marc & Elina Van Den Heuvel – Luxury Real Estate

Employees of KW Seven, operating under the authorization and supervision of the licensed real estate agent: Gold Seven Real Estate Agency Ltd (Reg. No. 772, Lic. No. 366/E).

? Tel: +357 94 057 843 / +357 99 058 451

Final construction scope, specifications, finishes, delivery timetable and contractual terms are subject to final written agreement.

Features

Sea nearby

Sea view

Double glazed windows and balcony doors

Roof terrace

Solar panel for water heating

Air Conditioners

Statistics

€ 3 667

Price per sq.m.

167

Quality of Life Index

54

Cost of Living Index

Choose a city for comparison

Parameters

Larnaca

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 818

Apartment (1 bedroom) Outside of Centre

€ 610

Apartment (3 bedrooms) in City Centre

€ 1 475

Apartment (3 bedrooms) Outside of Centre

€ 1 094

Buy Apartment Price

Price per square metre in the city centre

€ 3 667

Price per square metre outside the city centre

€ 2 092

Data are provided by Numbeo.com and are based on its users survey. Cyprus-Real.Estate can not guarantee the validity of these data.

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309m2 Land in Larnaca, Larnaka, Cyprus No. 62398

309m2 Land in Larnaca, Larnaka, Cyprus No. 62398

Features

Location

Sea nearby

Sea view

Features

Double glazed windows and balcony doors

Roof terrace

Solar panel for water heating

Air Conditioners

Indoor facilities

Veranda

Storage room

Elevator

Covered parking

Outdoor parking lot

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