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Ref: 1457

For Sale
Partially Built Seaside Residential Development in Agios Theodoros, Larnaca

Building Type: Residential Building | Covered Area: -

€858,000

Description

For sale is a partially built residential complex overlooking the sea located in Agios Theodoros, Larnaca. The complex is adjacent to Ellados Avenue (Mazotos-Zygi Coastal Road) on its south boundary. It is located 2,75km west of the Robinson Hotel and 70m north of the sea. The complex consists of nine detached houses. Three houses are partially built of which two of them (Houses 1 and 6) are in the stage of concrete frame and external walls (30% completion) and the other one (House 2) is in the stage of concrete frame (25% completion). No construction works have been carried out for the other six houses.
Each house consists of an open plan living/dining room and kitchen and a guest W.C. on the ground floor, whereas on the first floor there are three en-suite bedrooms. Each house will have its own swimming pool and two covered parking spaces. Four houses (Houses 4, 5, 8 and 9) also have a basement that consists of a storage room and a W.C.

The Planning Permit was valid until 30/05/2019.

The wider area of the property has limited development with some residential units such as houses and residential complexes. There are also empty plots that are used for agricultural purposes.

The asset is located very close to the sea.

It enjoys good accessibility to the wider area of Larnaca due to its close proximity to Ellados Avenue.

The field is zoned as TB3 (touristic) with 30% building density, 20% coverage, 3 floors and a maximum height of 13,1m.

The above price might be subject to VAT.

Property Features

City: Agios Theodoros
Building Type: Residential Building
Construction Stage: Under Construction
Lot Size: 7,050m²

Location Map

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    Energy Efficiency Certificate 

    GRADE

    The Energy Performance Certificate (EPC) gives the building a standard energy and carbon emission efficiency grade from ‘A’ to ‘G’ where ‘A’ is the most efficient and ‘D’ being the average to date.