Bazaraki
Property 5935550
Larnaca · EUR 2,600,000 · Unknown type
The property consists of two adjacent commercial corner plots with a total area of 3,108 square meters, located in the highly sought-after area of Aradippou, Larnaca. This combined offering presents an exceptional opportunity for large-scale commercial or mixed-use development.Situated on a main road with dual frontage, the plots benefit from excellent visibility and immediate access to the Larnaca–Nicosia highway. The area is fully serviced and surrounded by a wide range of amenities, including banks, supermarkets, restaurants, and office buildings, making it ideal for a variety of commercial ventures.The plots fall within two commercial planning zones:Zone Εβ4 allows for a building density of 140%, a coverage ratio of 50%, and a maximum building height of 17 meters.Zone Εβ5 allows for a building density of 120%, a coverage ratio of 50%, and a maximum building height of 13.5 meters.The dual zoning provides flexibility for developers, with the potential to construct office complexes, retail centers, showrooms, or a mixed-use commercial development.A development plan is currently under study for the site. There is also an option to sell the plots along with the development plans under a registered company, allowing for a VAT-exempt transaction—offering a notable financial benefit to the buyer.Title deeds are available.This is a rare opportunity to acquire a high-profile, large-scale commercial site in one of Larnacas most active and accessible commercial corridors. For more information or to arrange a viewing, please contact us.
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