Property Description
The property has a total area of 24,274 sqm located in Kalavasos, Larnaca.
It is suitable for development into plots, or a comprehensive development, with residential use.
It has a rectangular shape, slightly sloping from northeast to west, and abuts a public registered road that runs along its southern border and enjoys views from the surrounding countryside as far as the Zygi beachfront area.
It is located on the outskirts of Kalavasos village, next to a newly built residential area. Access is direct from the main road of Kalavasos and is the closest area to the village that offers an opportunity to expand residential development.
A planning permit was granted in the past for development into 26 plots, which has expired but can be reissued.
Public utilities such as water, electricity, and telecommunications are next to the property.
Area profile
Kalavasos and neighbouring villages are experiencing steady population growth due to residential relocation.
A number of reasons, such as the relaxed countryside lifestyle, the lower cost of buying or renting a property, seem to be the main attractions. Its central location within the island with easy access and short driving distance to Nicosia, Limassol, and Larnaca make it a suitable choice.
The wider area between Kalavasos, Zygi, and Mari is also experiencing notable investments in industrial and infrastructure developments, such as the Cyprus’ fuel and reserve terminal, an expanding industrial port, the cement plant, and a new power station.
It is notable that it is within short driving distance to the Zygi fishing port, and the seaside front with the famous fish taverns.
The need for housing is expected to increase significantly in the coming years.
Urban Planning Profile
The urban zone is defined as residential use with the development of medium-density housing. The planning zone is H3 with a maximum building density of 60%, 35% footprint, up to two floor levels, and a maximum height of 8,30m.
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