Bazaraki
Property 6029242
Larnaca · EUR 300,000 · Unknown type
The property is a commercial plot in Larnaca City Center – Sotiros Parish. This 300 sqm commercial plot is located in the heart of Larnaca City Center, in the Sotiros Parish, making it an excellent investment opportunity in a rapidly developing area. The plot falls under Urban Planning Zone Εβ2 (100%), with a 180% building coefficient, 50% coverage, and the ability to construct up to six floors with a maximum height of 24 meters. Currently, there is an existing old building on the plot, which can be demolished and redeveloped into a high-yield investment project. Given its prime location and high building density, this plot is ideal for a modern commercial or mixed-use development. For example, an investor could develop a contemporary office building with retail spaces on the ground floor and corporate offices or serviced apartments on the upper floors, maximizing rental income and long-term value. With high visibility, strong foot traffic, and easy access to key amenities, this is a rare opportunity to invest in one of Larnacas most sought-after commercial zones.
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