Larnaca, Ormideia, Cyprus
- PROPERTY TYPE
Plot
- SIZE
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Key features
- Easy access to main roads
- Easy access to highway
- Connected to electric mains
- Investment opportunity
- Quiet area
- Village view
- Country view
Description
This exceptional investment opportunity offers a 1/3 share in a 12,121 m² field located approximately 600 meters west of the Ormideia community center, abutting Demokratias Avenue. The field boasts an irregular shape with a smooth and flat surface, ideal for various development projects.
The share for sale corresponds to the northern part of the field, as outlined in the distribution agreement. The property is subject to VAT.
Planning Zones Breakdown:
Zone H3 (Residential): 13% of the property
Building Ratio: 60%
Coverage Ratio: 35%
Max Floors: 2
Max Height: 8.30m
Zone H2 (Residential): 87% of the property
Area of : 4040 sq.m
Building Ratio: 90%
Coverage Ratio: 50%
Max Floors: 2
Max Height: 8.30m
Location Highlights:
600m from Ormideia community center
Frontage on Demokratias Avenue
Ideal for residential development
This field, with its prime location and favorable zoning regulations, offers an excellent opportunity for residential development. With a mix of high building and coverage ratios, developers have the flexibility to maximize the potential of this property.
Investment Opportunity:
Potential for significant residential development
Attractive location within Ormideia
Good accessibility and infrastructure
Don't miss out on this unique opportunity to invest in a prime piece of real estate in Ormideia, Larnaca. Contact us today for more details and to arrange a viewing!
Larnaca, Ormideia, Cyprus
NEAREST AIRPORTS
Distances are straight line measurements- Larnaka(International)12.4 miles
- Ercan(Local)19.8 miles
- Pafos(International)76.6 miles
Advice on buying Cypriot property
Learn everything you need to know to successfully find and buy a property in Cyprus.
Notes
This is a property advertisement provided and maintained by Lextrus Real Estate, Larnaca (reference 6879) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.