Land in Larnaca Mazotos for sale Cyprus

The property boasts a large seafront and moving inland, it also has road access. It is an ideal investment opportunity for a tourist development (Beach Hotel or Hotel Apartments)
Size: 85,100sq.m
Planning Zone: T2α - 45% for hotel development

Zoning T2a (Tourist Zone) with direct access to a road.
Option 1 - Hotel Development
Maximum allowable Density 45% x 120% = 54%
Maximum allowable Coverage 20%
No. of floors 3 — maximum height of building 13,10 m
Option 2 — "Tourist Village" Development
Maximum allowable Density 40% x 120% 48%
Maximum allowable Coverage 20%
No. of floors 2 — maximum height of building 8,30 m
Option 3 - Residential Development Maximum allowable Density 20%
Maximum allowable Coverage 20%
No. of floors 2 — maximum height of building 8,30 m
The Hotel or Tourist Village Development (options 1 & 2 above) are considered the most desirable and cost effective because of the additional 20% density concession that has recently been announced by the government.

From the above it can be ascertained that there is potential for building a 4 or 5 star Hotel on site with over 700 rooms and all amenities.
There is also potential for building a Tourist Village on site with over 550 units and all amenities.
Plot: 85100 sqm
Zone
Easy access to main roads
Sea view
Sea front

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