The property consists of a plot and an adjoining field located in the Agios Fanourios Area in Aradippou, Larnaca.

The property is located close by from the GSZ Stadium, and as well very close by from Alexander College.

The 1st asset falls into a commercial planning zone (Eβ4) and totals 501 sqm. It has a rather rectangular shape, and it benefits from road frontage of circa 22m along.

The 2nd asset falls into residential planning zone (Kα5), totals 544 sqm and benefits from road frontage of 21m along.

As the two assets are adjacent they provide development flexibility as the area for commercial development can be increased due to the penetration of the commercial planning zone into the residential area.

The immediate area is characterised by mid specification residential developments, mixed industrial and light industrial activity.

The wider area has experienced significant levels of growth over the past few years driven both from private and public sector developments.

Assets in this area benefit from good accessibility to the city centre, airport, port and other neighborhoods

The property falls into two zones: Kα5 (residential) with 100% building density, 50% coverage, 3 floors and a maximum height of 13,5m and Eβ4 (commercial) with 140% building density, 50% coverage, 4 floors and a maximum height of 17m.

Features

  • Asphalt road access
  • Distant Mountain View
  • Easy access to the highway
  • Land Title deeds
  • Near Amenities
  • Near College / University
  • Near Commercial Area
  • Near Park
  • Near School
  • Title deeds
  • Water & electricity available
  • Height: 17
  • Density: 140%
  • Zone: Εβ4 / Κα5
  • Floor: 4