Prime Development Opportunity: Residential Field in Lageia, Larnaca

Description

Seize the opportunity to develop in a prime location with this expansive 6,000 sq.m. residential field. Perfectly positioned just 120m. from the village centre, this property combines the tranquility of a residential area with immediate access to local amenities. Key Investment Highlights: • Ready for Development: Features a regular shape and level topography, situated at road level for ease of construction. • Excellent Accessibility: Boasting an impressive 76m of frontage on a registered public road—the main road passing through the village—providing vital connection to nearby areas. • High Development Potential: Situated within Residential Zone H2, the plot offers generous building parameters: ‣ 90% Building Coefficient ‣ 50% Coverage Ratio ‣ 2-Floor Allowance (up to 8.3m height) The property is sold jointly by Themis & Bank of Cyprus: - 50% share of the property is exclusively owned by Themis Portfolio Management Holdings Ltd - 50% share of the property is exclusively owned by Bank of Cyprus Public Company Limited