443m² Rentals

€ 780,000

Property Details
  • Property Refrence: 49971
  • Agent:
  • Property Type: Finca
  • Property status: Rentals
  • Property Price: € 780,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Built: N/A
  • Country: Cyprus
  • Region: Other
  • City: Other
Description

Prime Residential Development Opportunity – Pervolia, Larnaca An outstanding investment opportunity to acquire a fully licensed residential development in the rapidly growing and highly desirable area of Pervolia, just minutes from the sea. This is a ready-to-go project, offering immediate development potential with a secured Planning Permit for a 32-unit residential complex, making it ideal for developers seeking strong returns with reduced time-to-market. Key Highlights: • Plot Size: 6,443 m² • Net Developable Area: 5,202 m² • Building Density: 60% • Approved for 32 Residential Units Unit Mix Designed for Market Demand: • 12 x 1-Bedroom Units (52 m² & 67 m²) • 8 x 2-Bedroom Units (84 m²) • 12 x 3-Bedroom Units (119 m² & 129 m²) The project layout has been carefully structured to meet both local and international buyer demand, ensuring strong resale and rental potential. Investment Advantage: The asset is held under a company structure, allowing for a fast and efficient transaction via share transfer, offering potential tax and cost efficiencies. Located in a high-demand coastal area, this project combines lifestyle appeal with solid investment fundamentals—ideal for a residential complex or holiday development. Viewings and details will be available by appointment. •