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30 April 2024

Purchasing Land for Major Investments in Larnaca

Looking for space on the Island of Aphrodite? Larnaca, this charming Cypriot city with its rich history and scenic landscapes, has always been a magnet for those seeking beauty and opportunities. This article provides an overview of large plots in Larnaca, focusing on their potential and diversity of use. These plots offer extensive opportunities for those looking for a place to realize a dream or commercial projects in sunny Cyprus.

What is considered a 'large plot' in Cyprus?

When it comes to land plots in Cyprus, sizes can vary significantly, but due to the limited space on the island, even a 500 m² plot can be considered "large". However, today we're discussing truly vast expanses. In our list, Larnaca, one of the most picturesque corners of Cyprus, current large plots start from around 3,000 m². This provides unique opportunities for land development and use, whether for personal construction or commercial projects.

Land Development Potential in Larnaca

Larnaca attracts attention not only for its historical landmarks and beautiful beaches but also for the opportunities it opens for investors and developers. Today, the plots available for sale here can exceed 30,000 m², providing space for large-scale projects, including residential complexes, shopping and entertainment centers, or individual villas.

Land Use

The use of land on large plots can be varied: from agricultural activities to the construction of residential and commercial properties. It is important to carefully review the property description and documents. Each plot offers its unique features, which can be adapted to the specific needs and desires of the buyer.

Investing in the Future

Investing in land in Larnaca is not just an investment in real estate; it's an investment in the future. Considering the growth of tourism and the ongoing development of the city, land plots here not only promise the preservation of investments but also the potential for their appreciation.

So, we present the most current list of large plots from a Larnaca real estate market expert.

The largest plot is located in the village of Ormidia

Let’s start with the most gigantic option. In Ormidia, a picturesque area of Larnaca, there is a unique land plot on the first line with a magnificent sea view. The total area of the plot is 31,690 m², including two plots for touristic use. The first plot has an area of 19,625 m², with the possibility of building up to three floors (up to 13.10 m in height) and a building density of 40%, coverage of 20%. The second plot, with an area of 12,065 m², stands out with its extensive coastline of approximately 400 meters.

Both plots are equipped with all necessary utilities and are located just 49 meters from the sea, offering exceptional opportunities for the development of resort facilities or other tourist projects. Thanks to the strategic location of the plot, access to major tourist and urban points takes no more than 40 minutes.

This plot is offered at a price of 8 million euros, making it an attractive investment for creating a high-class tourist complex in Cyprus.

A Small Giant in the Livadia Village Area

In Livadia, one of Larnaca's attractive areas, a land plot perfectly suitable for residential development is presented. The total area is 3,616 m², offering a magnificent sea view from this position. The plot is fully prepared for construction with all utilities connected.

The building percentage allows for the construction of a structure up to 10 stories, opening possibilities for creating a large residential complex or a multifunctional commercial facility. The land is located by the main road and is 1,010 meters from the sea, ensuring easy access to urban infrastructure and beaches. This plot is offered at €1.95 million plus VAT, representing a valuable investment in one of the most promising and dynamically developing areas of Larnaca.

A Rare Constellation of 8 Plots in the Mazotos Area

Mazotos currently offers unique opportunities for investment in tourist infrastructure. All the plots presented are located close to each other, creating potential for integrated development.

The first land plot in Mazotos, with a total area of 3,345 m² and located just 200 meters from the sea, offers ideal conditions for a tourist project. The plot offers a breathtaking sea view. Suitable for building a hotel with a maximum height of three stories. The building density is 45%, and the coverage is 20%. For approximately €1 million, you get the opportunity to develop tourist infrastructure in one of the most picturesque corners of Larnaca.

The second land plot in Mazotos, covering an area of 11,037 m², is located very close to the sea (220 meters) and offers fantastic opportunities for constructing tourist infrastructure. The plot is ideally suited for the development of a hotel or other tourist facilities with a sea view. The land has a high building density of 45% and allows construction up to three stories with a coverage of 20%. The asking price of €3.311 million opens doors for investments in one of the most scenic regions of Cyprus, with potential for significant growth and development.

A land plot in Mazotos, covering 9,700 m² and located just 130 meters from the sea, offers excellent opportunities for constructing tourist infrastructure. This is the perfect location for a hotel or other tourism facilities, thanks to the splendid sea view and high development potential. The plot allows building up to three stories with a building density of 45% and coverage of 20%. The land is offered at €2.91 million, making it a splendid choice for investors looking for development opportunities in a prestigious tourist area of Larnaca.

A beachfront land plot in Mazotos, Larnaca, with a total area of 24,750 m², is located immediately next to the sea—just 3 meters from the water. This plot is the ideal location for constructing a hotel or a large tourist complex, thanks to the magnificent sea view and a high building density of 45% with up to three permissible floors. The asking price for the land is €7.4 million, reflecting its unique location and potential for developing tourist infrastructure in one of the most picturesque corners of Larnaca.

A tourist-designated land plot in Mazotos with an area of 9,700 m² is located on the beachfront, only 96 meters from the sea. This is a wonderful location for constructing a hotel or another large-scale tourist facility thanks to the excellent sea view and favorable building conditions: up to three stories are allowed, with a building density of 45%, and coverage of 20%.

The plot is offered for €2.91 million, providing investors with a unique opportunity to develop a high-yield project on one of the most coveted plots in Larnaca, located very close to the sea.

Agricultural Land Plot in Mazotos of 6,021 m2, located 220 meters from the sea, offers excellent prospects for the development of tourist infrastructure. Perfect for the construction of a hotel or other tourist facilities, thanks to the wonderful sea view and good building conditions. The plot allows for construction of up to three floors with a 45% building density and 20% coverage. The price offer of €1.806 million opens opportunities for investment in strategically located real estate with potential for significant commercial success in a Larnaca resort.

Agricultural land plot in Mazotos of 6,021 m2, located just 146 meters from the sea. This location is ideal for those seeking a secluded space for agricultural development or a small residential project. The plot falls within a planning zone with restrictions that allow construction up to two floors with 10% building density and coverage. Offered at €250,000, this plot provides an opportunity to enjoy scenic sea views and easy access to the beach, making it an attractive choice for individual investors or nature lovers looking to invest in a quiet and peaceful location near the water.

Agricultural land plot in Mazotos with an impressive area of 31,439 m2 and located just 140 meters from the sea. The offered plot is in the Γ3 planning zone, which allows construction of up to two floors with 10% building density and coverage, providing opportunities for the development of a small agricultural or residential project in a picturesque area. With access to utilities and a beautiful sea view, this plot is ideal for those seeking seclusion and nature near the beach. Priced at €1.2 million, it offers a unique opportunity for investment in agricultural land in one of the most beautiful areas of Larnaca.

A Trio of Giants in the Picturesque Village of Pervolia in Larnaca

A land plot in the wonderful Pervolia with a total area of 22,761 m2, located in a tourist planning zone just 40 meters from the sea, offers unique opportunities for construction. The plot has an irregular shape, adding uniqueness in the design of future facilities. This location is ideal for the development of tourist infrastructure, such as hotels or resort complexes, thanks to the high building density of 45% and permissible coverage of 20%. Located close to the beach, restaurants, and other amenities, and with easy access to the highway, the plot offers excellent conditions for commercial development. Priced at €8 million, this offer has significant potential for investors looking to invest in a scenic location with fantastic sea views and excellent accessibility.

A Land Plot in Pervolia, Larnaca, with an area of 24,735 m2, is located in a prestigious tourist zone just 40 meters from the sea. This location is ideal for developing tourist infrastructure thanks to its fortunate location and excellent building conditions: construction up to three floors is allowed with a building density of 45% and coverage of 20%. With the irregular shape of the plot adding a special spice to the design possibilities, and quick access to the beach, restaurants, and other amenities, as well as to main transport arteries, the plot is offered at a price of €8.7 million. This offer is attractive to investors looking for an opportunity to invest in a high-yield project in a picturesque area with excellent growth and development potential.

Land Plot in Pervolia, Larnaca, with an area of 11,355 m2, located in a tourist zoning area just 40 meters from the sea. The plot offers excellent construction opportunities thanks to its ideal shape and strategic location. It is perfect for the development of tourist infrastructure such as hotels or resort complexes, with a building density of 45% and the ability to build up to three floors. Offered at €3.98 million, the plot represents an attractive investment for investors looking to develop a project in one of the most picturesque areas of Larnaca, with direct access to the sea and proximity to main urban amenities.

A Pair of Giants in the Prestigious Pyla Area

A land plot in Pyla with an area of 9,055 m2, located in a multi-functional residential zoning area just 450 meters from the sea. The plot is ideally suited for various construction projects thanks to its versatile zone, which allows construction with different densities of building (0%, 30%, 10%, 30%) and coverage (0%, 20%, 10%, 20%). This creates unique opportunities for the development of residential or commercial properties depending on the specific sector of the zone. The plot is characterized by a good shape for construction and a location that provides quick access to the beach, restaurants, other amenities, and the main highway. The beautiful sea view and provided utilities make it especially attractive for potential developers. Offered at €1.65 million, this plot represents a magnificent opportunity for real estate development investment in one of the most promising areas of Larnaca.

A Land Plot in Pyla with a total area of 13,324 m2, located in a favorable tourist zone just 50 meters from the sea. The plot has an ideal shape for construction and is suitable for the development of various projects thanks to its multifunctional zoning, which allows construction with a building density of up to 50% and coverage of up to 25%. This makes it an excellent choice for the construction of hotels, resort complexes, or other tourist facilities. The plot is well-prepared for the start of a project with provided utilities and offers stunning sea views, as well as quick access to the beach, restaurants, and other local amenities. Conveniently located near the main highway, it facilitates access to other parts of the island. Priced at €9 million, this plot offers significant opportunities for investors interested in developing tourist real estate in Cyprus. The possibility of transactions in cryptocurrency and readiness for negotiation make this offer even more attractive for international buyers.

In conclusion, the plots of magnificent sizes, located in picturesque areas of Larnaca, represent not only an opportunity to create large and unique projects but also an excellent investment of funds. Thanks to their strategic location, immediate proximity to the sea, and flexibility in planning, these lands have enormous potential for developing tourist, residential, or agricultural infrastructure. The availability of negotiation further increases their attractiveness for investors aiming to maximize their investments on the sunny island of Cyprus.

Land plots in Larnaca represent a profitable investment of capital for the medium and long-term perspective. The region is actively developing, which means the demand for land will only grow. Investments in land here are attractive both for the construction of residential complexes and for commercial real estate. State support for the tourist and business sector, as well as the strategically advantageous location of Larnaca by the sea, make this region particularly attractive to investors. My recommendation is to consider purchasing land plots here as an opportunity to expand your real estate portfolio and achieve a stable income in the future," shares Sergey Gumenyuk, a real estate expert in Larnaca.

Read also:

  1. Larnaca Airport: The History of Cyprus' Main Air Gateway
  2. Top Best Restaurants in Larnaca
  3. Shopping in Larnaca: where to find the nearest grocery store?
  4. Education in Larnaca: kindergartens and schools
Source: DOM
Photos: DOM, Pixabay

Interested in property on the island? Check out the number one real estate agency in Cyprus, DOM! The website features the largest database of real estate in the country – over 100,000 residential and commercial properties across the entire island. Choose and consult with professional brokers who will help you make the right choice!

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