Bazaraki
Property 6196269
Larnaca · EUR 25,000,000 · Unknown type
Reference ID: #SA36415 Price details: €25,000,000 +VAT This asset comprises of three adjoining fields in Softades, Larnaca. Four consecutive rectangular size plots, attached to a fourth plot to the South which acts as the beach front of the whole asset. The asset is located c. 120m south Pervolia – Mazotos road, c. 3,7km southwest of Perivolia village and adjacent to the seafront. An overall of 145,000 m2 of land with a flat, even surface, offering attractive sea views. The land benefits from public road frontage to the North providing easy vehicular, cycling and pedestrian access. Utility services are readily available from the public road (Water, Electricity, Telecommunications). The immediate area comprises of undeveloped plots of land as well as some residential developments. The asset falls primarily into the T2A touristic zone, giving the owner numerous investment options in developing the land. The highest gain in buildable area is given when the land is developed as a hotel resort, touristic village and luxury villas.
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