Commercial Plot in Aradippou, Larnaca
| Commercial Land | DP-CY17070
Subject to VAT
Subject to VAT
Description
The property is a prime commercial corner plot located in the highly sought-after area of Aradippou, Larnaca.
With a total area of 2,163 square meters, this plot offers an excellent opportunity for commercial or mixed-use development.
Strategically positioned on a main road with dual frontage, the plot enjoys high visibility and direct access to the Larnaca–Nicosia highway.
It is surrounded by all essential amenities, including banks, supermarkets, restaurants, and office complexes, making it ideal for a wide range of commercial uses.
The property falls 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.
This combination of planning zones provides significant flexibility for developers, whether the intention is to construct retail spaces, offices, showrooms, or a multi-purpose commercial complex. The plot is flat and ready for development.
There is currently a development plan under study for the plot.
Additionally, there is an option to sell the plot along with the development plans under a registered company structure, which may allow the transaction to be completed without VAT, offering a significant financial advantage to the buyer.
Title deed available.
This is a rare opportunity to secure a landmark plot in one of Larnaca’s most active commercial corridors.
For further information or to arrange a viewing, please contact us.