Residential plotfor sale

Description

Residential Plots for sale in Makenzy area.

The asset consists of 19 residential plots of land in an attractive area in Larnaca.  The plots are at the final stages of subdivision and are sold as complete plots with separate title deeds. The land area of the plots totals 13 141 sqm, with corner and rectangular shape plots and benefits from a road frontage along Artemidos Avenue, Touzhane Street and the Salt Lake.  The  asset is near Mackenzie beach, Kastella Beach and Larnaca Fishing Shelter. It is home to a wide range of restaurants and is particularly famous for its fish restaurants.

The current zoning allows for a range of other commercial uses, including supermarkets, health clubs, hotels, banks and pharmacies.

The owner wishes to sell the plots into 4 different clusters.  These clusters with the use of incentives can allow for buildings of up to 12 floors.

The clusters sold are as follows:

Cluster 1: Plots 17 - 19 with an area of  3,393sqm. Price = €3,900,000

Cluster 2: Plots 35, 36 with an area of  2,056sqm. Price = €2,360,000

Cluster 3: Plots 20 - 27 with an area of  4,220sqm. Price = €3,900,000

Cluster 4: Plots 28 - 33 with an area of  3,472sqm. Price = €3,780,000

Disclaimer

Prices, quotations, references and any other information provided by N & C Kyriakides Estates Ltd is for guidance only and no liability is accepted for any errors whatsoever. Prices are subject to change at any time without prior notice.

N&C Kyriakides Estates Ltd whilst they accept properties and descriptions of properties for sale by individuals and/or Companies including Constructing firms in good faith and are doing their best to promote and convey accurate information to prospective customers they bear no responsibility and liability for any errors, inaccuracies or misrepresentatives which may be found in such information.