Commercial Plots in Agios Nicolaos, Larnaca
| Commercial Land | DP-CY16838
Description
The property is a commercial opportunity comprising two adjoining plots, strategically positioned at the prominent corner of Griva Digeni Avenue and 1st April Avenue in Larnaca.
With dual frontage to the northeast and northwest, the site offers excellent visibility and accessibility, making it ideal for high-impact development.
The total gross land area, according to the title deeds, measures 251 square meters, of which 44 square meters are affected by a road widening scheme, resulting in a net usable land area of 207 square meters.
The plots fall within the Εβ1 commercial planning zone, allowing for a building density of 200%, a coverage ratio of 50%, and a maximum building height of 24 meters over six floors.
The topography is flat with a rectangular shape, and the current structures are considered obsolete, presenting an immediate redevelopment opportunity.
The location offers direct access to the B2 highway, lies just 2 kilometers from Larnaca’s seafront and city center, and is 8 kilometers from Larnaca International Airport.
This high-traffic location is perfectly suited for a landmark commercial or mixed-use development, such as offices, retail spaces, or hospitality ventures, subject to planning and permit approvals.