(Share) Investment Opportunity in a Residential field in Pyla, Larnaca

Key facts

About this property

An 83% undistributed share of a residential field is available for sale, spanning approximately 11,094sq.m. out of a total area of 13,313sq.m. Property Highlights: • Shape & Terrain: Rectangular shape with a relatively even surface. • Access: Accessible via 4 registered roads facing three sides of the property (northern, eastern, and southern). • Road Frontage: Total frontage of approximately 90m. Location: The property is located in the promising Pyla community in Larnaca, just a few minutes away from UCLAN University and a wide range of amenities. • Approximately 480m north of Larnaca - Ayia Napa motorway • Approximately 1,350m northwest from the coastline Planning Zone: • Zone: Falls within Residential Zone Η4 • Building Coefficient: 40% • Coverage: 25% • Floors: Permission for 2 floors (maximum height of 8.3m) Additional Info: • The property is subject to a National Guard requisition over the southern section of the property for Civil Defence purposes. • A small section of the southern boundary of the property (approximately 1,340sq.m.) is subject to a Civil Defence requisition relating to an existing anti-vehicle trench. No distribution agreement in place.