Five neighbouring building plots in the Center of Larnaca on Kodrikton Street and only 20 meters away from the charming Square of Ermou Street. The charming Square is full of life with modern cafe's, restaurants, bars and shops making this a popular spot with visitors and Cypriots alike.
It is located less than 400 meters away from the Palm Tree Promenade (Phinikoudes) which is reminiscent of a continental promenade, with its line of mature palm trees and its languid air of sleepy charm.
The total area of the five plots is 1314 sq.m and the total price is 3.900.000 Euros.
Although the coverage is 70% and the building density 240%, the municipality will allow a considerable increase in the percentage built density and height, because of government town planning incentives to stimulate development into City Centers.
The plot is suitable for a multi-storey building consisting of Shops, Offices and/or Residential apartments and/or City/Boutique Hotel.
Larnaka is the international gateway to Cyprus, being its second port and having an international airport. It is one of the oldest continuously inhabited cities in the world, and has plenty of historical sightseeing on offer to complement its deep-blue sea, bright sandy beaches and reliably sunny skies. With its 400-berth marina, Larnaka is also a favoured destination for visitors with yachts. Land-based tourists enjoy the palm-lined harbor promenade and the city’s international caliber shops, inviting cafes and panoramic Mediterranean views.
Larnaka is an attractive and quiet city which is the same all year round unlike many other areas of Cyprus, which tend to be very busy during the summer months and extremely quiet during the winter. It is one of the oldest continuously inhabited cities in the world and has plenty of historical sightseeing on offer to complement its deep-blue sea, bright sandy beaches and reliably sunny skies. Its famous Palm Tree Promenade and marina ensure a picturesque coastline and Larnaka boasts many of the most appealing beaches in Cyprus. Its central location means that other cities and popular areas of Cyprus are within easy reach – Nicosia, the country’s capital, is less than 60km away, and Limassol and Paphos are approx 65km and 120km distance.