Property 6042 Larnaca / L-122456
Land For Sale In Larnaca City, Agios Nikolaos. The Property Is Next To Metropolis Mall And Consists Of Five Separate Plots With Different Zoning. Ideal For
-80%
Opportunity!
Why is this Property Classified as an Opportunity?
Our data science team has identified that the price per square meter for this property is significantly lower than the average indicative price in the district. This discrepancy is not merely a discount; it represents a unique market opportunity. By leveraging advanced analytics, we've developed a smart score that highlights properties offering exceptional value. This score helps you pinpoint the best opportunities in the market, ensuring you get more for your investment.
Larnaca Indicative Price
3,043.29 €This Property
623.35 €For Sale • Deal
1,650,000€
Estimated Mortgage
/month
2647
m2
2647
Plot m2
Overview
Property Description
This property offers a unique investment opportunity in the heart of Larnaca city. Consisting of five separate plots, the land is conveniently located next to the bustling Metropolis Mall. Three of the plots face the main road and fall into two zoning areas, offering potential for diverse development possibilities. The remaining two plots are situated behind the main plots and are zoned separately, providing additional opportunities for strategic planning and development.
With an impressive internal area of 2647.00 square meters and a cover factor of 0.5, the property allows for substantial construction. The maximum floor allowance for buildings on this land is four storeys, further enhancing its potential. The property is currently unfurnished, providing a blank canvas for developers to design and build as they see fit. The land is already completed and ready for immediate development, making it a convenient and time-efficient investment.
The property falls under the 'Investment and Development Property' category, highlighting its potential for high returns. It is available for sale at a price per square of 623.35 and will be available from February 2023. For further information, potential buyers are encouraged to contact the seller directly at +357 99 622002.
Property Highlights
Unfurnished
Location
5.15 kms
125.71 kms
2.56 kms
2.58 kms
4.06 kms
5.59 kms
7.21 kms
1.34 kms
1.36 kms
1.94 kms
2.34 kms
2.98 kms
3.51 kms
5.29 kms
5.29 kms
5.36 kms
5.76 kms
7.24 kms
1.93 kms
2.11 kms
2.18 kms
2.22 kms
2.38 kms
2.47 kms
2.52 kms
2.54 kms
2.65 kms
2.74 kms
3.18 kms
5.37 kms
5.89 kms
5.98 kms
Transfer Fees
Transfer Fees Individual
62,600 €
Transfer Fees Joint Names
59,200 €
Stamp Duty
3,208 €