Land in Chrysopolitissa, Cyprus
Asking: € 5,500,000 EUR
Land for sale in Larnaca, Cyprus
The property is a commercial plot by the sea in Chrysopolitissa, Larnaca .It is located in the area of former oil refineries, along Ammochostou avenue near the American University of Cyprus. The plot has an area of 3590 m2. and the facade area is 30 m2. It falls within the ZEAA planning Area, one of the most extensive planning areas of the new territory plan. The ZEAA zone allows residential, tourist, office, entertainment and commercial use, as well as any other use that is considered appropriate to the nature of the territory, with a maximum permissible height of 68 m/15 floors. The allowable building density starts at 100%, but can be increased with selected incentives that are either exclusive or non-exclusive to the district plan. The property is located in the heart of a new area that will be developed. It is surrounded by a huge number of new buildings and amenities following the ongoing projects of the Larnaca marina and port, a...More Details