Strategically Located Land In Psematismenos

Larnaca

€ 1,000,000

136,860 m2 Area
10% Build
10% Cover

Property Ref: #10476

Property Description

An expansive land parcel with significant potential, located approximately 400 meters north of the Limassol– Larnaca motorway and 4 kilometers from the southern coastline. This substantial plot benefits from excellent accessibility, abutting a registered public road network along its eastern boundary with a total frontage of approximately 295 meters. Additionally, part of the eastern boundary adjoins a designated public green area, enhancing its natural appeal and development context. The land covers a total area of 136,860m² and features a predominantly even terrain, ideal for streamlined development. Zoning distribution is as follows: 70% of the property lies within Protection Zone Z1, allowing a building density of 6%, 30% falls under the Agricultural Zone, permitting 10% density. Given its strategic location, proximity to major infrastructure, and accessibility, the site may lend itself, subject to planning approvals, to specialized development, such as an educational institution, medical facility, or leisure based venture.

Property Features

Type

Land

Status

Resale

Area

136,860 m2

Build

10%

Cover

10%

Even More Info

Accessibility Road

: Asphalt

Street Level

: Same

Surface

: Flat Level

Plans

Location

Larnaca Suburbs, Larnaca

CURRENT ASKING PRICES PRICES IN LARNACA SUBURBS

AVERAGE PRICES TODAY

House Price
€ 652,666
Residential Plot Price
€ 1,900,000

% PROPERTY TYPES

60 % Houses
40% Plots

% BEDROOMS

50% 3 Bed House
50% 4 Bed House

AVERAGE PRICES BY NUMBER OF BEDROOMS

3 Bed House
€ 370,000
4 Bed House
€ 1,300,000

PRICE RANGE

Flats:
-
Houses:
€ 288,000 - € 1,300,000
Residential Plots:
€ 1,400,000 - € 2,400,000