Beach front land for sale in Pervolia, Larnaca.

PROPERTY OVERVIEW

Three consecutive rectangular size plots, attached to a fourth plot to the South which acts as the beach front of the whole asset. An overall of 145.000 m2  of land with a flat, even surface, offering attractive sea views.

It benefits from public road frontage to the North providing easy vehicular, cycling and pedestrian access. Utility services are readily available from the public road (Water, Electricity, Telecommunication). The asset falls into the T2A touristic zone, giving the owner numerous investment options in developing the land with the highest gain in buildable area given when the land is developed as a hotel resort, touristic village and luxury villas. 

LAND AREA: 145.000 m2, GROSS BUILDABLE AREA: 57.000 m2, NET BUILDABLE AREA: 52.000 m2,  (400 hotel rooms, 162 apartments, 39 villas), COVERAGE: 20%, ZONING: T2A, Z1, ALLOWED USE: Touristic, Residential, Hospitality.

Why Cyprus ?

The sun, the sea, a thriving tourist industry, Relatively low cost of living, High living standard, Cosmopolitan mix of cultures and architecture, Service based economy, Modern banking sector with property lending facilities, Tax advantages (low corporation tax),

Low interest rates, Vacation season one of the longest in Europe, Safe and stable environment, Euro adopted since 2008, Large infrastructure developments, Energy hub, EU member since 2004, Fifth safest country in the world, Next-gen property and real estate development hot spot.

Why Larnaca -

Coastal city, Home to Cyprus primary airport, Stunning scenery, Pleasant temperature all year around, Historical landmarks, New port and marina, Rising Cyprus real estate star, Easy access to motorway, Short distance to other cities <90 min drive.