Two Adjacent Commercial Plots in Aradippou, Larnaca
| Commercial Land | DP-CY17071
Subject to VAT
Subject to VAT
Subject to VAT
Subject to VAT
Description
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 Larnaca’s most active and accessible commercial corridors.
For more information or to arrange a viewing, please contact us.