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Incomplete development in oroklini community in larnaca district.

Larnaca, Oroklini
Posted: 12.04.2024 11:52 Ad ID: 5207363
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  • Condition: Resale
  • Plot area: 1104 m²
  • Property area: 1073 m²
  • Energy Efficiency: A
  • Square meter price: €419 /m²
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The development concerns a two-storey semi-detached house (1 on the ground floor and 1 on the upper floor). The land that comprises of two plots has a total area of 1,104 sq.. and it is utilized by forming a residential development.

The identical residences will each consist of (when completed based on the existing permits) of 5 en-suite bedrooms, a shared bathroom, a living room, 2 toilets, a laundry room, a kitchen, kitchen-living room and an open plan living room with a dining area and bar.

Externally, it will consist of 5 covered terraces (each) while the basement will consist of parking spaces.

It is noted that the houses are in the plastering stage.

The total area is approximately 720 sq. enclosed areas, 117 sq. of covered verandas and approximately a 236 sq. basement.

The proper secure a planning permission, which has expired, for the construction of the building.

It is worth mentioning that a concept design was prepared which demonstrates the conversion of the existing building into a development of a modern apartment building of eight (8) luxury apartments. Specifically,

The proposed development will comprise of (1) one-bedroom apartment, (6) two-bedroom apartments and (1) three-bedroom apartment.

The property is considered as an appealing investment opportunity for both individuals or property developers.

Planning zone: Η2

Building Coefficient: 90%

Coverage Coefficient: 50%

Maximum Floors Allowed: 2

Maximum Building Height (m): 8,30

Price €450,000 Not subject to VAT

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450.000
€419/m²
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Paul P. PERITUS REAL ESTATE AGENT Paul P. PERITUS REAL ESTATE AGENT
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Posting since apr, 2017

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