Prime Development Opportunity in Central Larnaca – Near American Academy

An exceptional plot located in one of Larnaca's most prestigious areas, just steps away from the renowned American Academy and within walking distance of key city landmarks.

• Plot Size: 696 sq.m.

• Building Density: 200%

• Coverage Ratio: 50%

• Permitted Floors: Up to 6 floors (with potential for additional height, subject to planning relaxation).

• Zoning: Ideal for residential or commercial development.

•  Surrounded by high-rise developments – a 10-floor building is currently under construction only 100 meters away.

Just 2 minutes on foot to Salina Park – Larnaca’s largest park, as well as the Municipal Gardens and the Larnaca Municipal Theater.

Currently on the plot is a small commercial building comprising:

• 3 Shops

• 1 Apartment

• 5 Parking Spaces

• Total Covered Area: 317 sq.m.

This is a rare opportunity to develop a standout project in the very heart of Larnaca, whether for modern offices, luxury residences, or a mixed-use venture.