Description
"Properties listed with a Reserve Price indicate that the Seller reserves its right to not accept offers below the specified price. All offers must exceed the Reserve Price. While lower offers may be submitted, they are unlikely to be considered by the Seller." Expansive 50% share of a residential field, extending to about 9,616sq.m. in total (approx. 4,808sq.m. shared portion), located in the accessible residential outskirts of Agios Theodoros, Larnaca District. Property Highlights: • Total Field Area: 9,616sq.m. (Shared portion: 4,808sq.m.) • Planning Zone: Residential Zone H3 with an official Distribution Agreement in place. Key Features: A substantial residential land parcel ideal for housing development, villa construction, or long-term investment. The property enjoys a peaceful setting while benefiting from an existing legal distribution agreement that ensures clear usage rights. Its generous building density, excellent connectivity to the highway network, and close proximity to the coast make it a highly desirable opportunity for residential projects. Location: • Approximately 3.7km from the motorway • Approximately 7km from the nearest beach The property falls within Residential Zone H3, allowing for a building density of 60%, coverage of 35%, and permission for 2 floors (8.3m) of construction. Distribution Agreement in place.
