4000 sqm Development
at Larnaka port area
Under Study // With Planning permit acquired
Konstantinou Kavafi str., Port area, Larnaka
Prices start from €875 per sqm
Project Characteristics
- Close proximity to port/marina project in Larnaca.
- Direct access to main roads, connecting Larnaca center with suburbs & highway.
- Easily accessed area of the block with roads around for both visitors & logistics
- An area that has a mixed-use development license for flexibility at the final design.
- Parking area in the available plots.
- Option for expandable building with multiple floors for offices/ storage or parking.
Development Example
The total area of the available plots makes them a project with unique potential. At 4000 sqm, there are hardly any plots available in the city, furthermore, the location is ideal as, major governmental offices are right in front of the plots, including Tax Office, Land registry and Citizen’s Office. The general area of the port and marina are currently the biggest investment project in Cyprus. This along with the announcement of the new Cyprus Investment Program, gives a lot of flexibility to the final concept. It can be a complex with a combination of shops, parkings, offices and apartments for the varying needs of foreign companies and their employees (pic2). Or offices for multiple or a single company with parking and storing space (pic1). The ability of selling, renting and using parts of the whole project to add to the final ROI makes it a one of kind opportunity.
Singularis can assist in the decision-making procedure of the potential investor, and even provide a full key turn-key solution if required.
Plot: 1044 | Plot: 1045 | Plot: 1046 | Plot: 1047 | Plot: 1048 | Plot: 1049 |
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Size: 873sqm | Size: 612sqm | Size: 695sqm | Size: 596sqm | Size: 604sqm | Size: 625sqm |
Type: Mixed use | Type: Mixed use | Type: Mixed use | Type: Mixed use | Type: Mixed use | Type: Mixed use |
Coefficient: 140% | Coefficient: 140% | Coefficient: 140% | Coefficient: 140% | Coefficient: 140% | Coefficient: 140% |