Land for sale in Livadia, Cyprus

Prime Field Opportunity in Livadia, Larnaca (5829)

price 15 M

Location: Livadia, Larnaca
Total Area: 42,828 m2
Category: (Field)
Zone: Cpk (97%) DA1 (3%)
Zone Description: Central Polifunctional Core
Note: Cpk: Paragraph 17.3
Building Coefficient: 150% (0.5%)
Coverage: 50% (0.5%)
Floors: Flexible
Height: Flexible
Access Type: Registered Road
Relationship with Road: None
Shape: Irregular

Key Features:

Prime Location: Situated in Livadia, a highly sought-after area in Larnaca.
Village Views: Enjoy picturesque views of the surrounding village.
Near Amenities: Close proximity to essential amenities, including shops, schools, and more.
Connected Utilities: Connected to electric mains and municipal water/sewage systems.
Easy Access: Convenient access to main roads and highways, facilitating transportation.
Water Well: Includes a water well on the property.
Quiet Area: Located in a tranquil and peaceful neighborhood, ideal for residential or commercial development.

Development Potential:

The land offers significant development potential, with a high building coefficient allowing for a variety of construction projects.
Suitable for residential, commercial, or mixed-use developments, subject to planning permissions and regulations.

Summary of cpk Zone Modifications

Zone Overview:

Zone: Cpk (97%)
Focus: Promoting diversity, entrepreneurship, and desired characteristics in the area.
Desired Uses: Offices, Residential, Student Dormitories, Other uses as deemed beneficial by the Planning Authority.

Additional Desired Uses: Recreation/Entertainment, Tourism, Tertiary Education, Culture, Research/Innovation, Social Welfare/Health Centers.
Increased Building Coefficient: 5% increase for desired uses, applied only to the corresponding development area.

Future Use Change: Any future change in use must align with desired uses to retain benefits.
Amendment of Paragraph 17.3.B: Ensures multifunctionality through the integration of basic and desired uses, with guidelines based on property size.

Parking Provision Modification:

Additional parking spaces for public use: 20% of the required number for developments beyond 2,000 sq.m., strategically located for public accessibility.
Calculation based on plot size, irrespective of development uses.

Specific Zone Regulations:

Unified Developments: Only unified developments allowed in cpk zone, individual residential or isolated developments not permitted.
Maximum Permitted Height: Limited to 90 meters (approximately 20 floors), inclusive of exceptions and mechanical floors.
No discretion for height increase beyond maximum permitted, nor relaxation in coverage percentage.
Total building coefficient must not exceed the limit set by the provision.

Pre-development Requirement:

Pollution-free assurance: Pre-development site cleaning mandated before granting any building permits, as described in Paragraph 17.10.2.

These modifications aim to enhance the functionality, attractiveness, and sustainability of the cpk zone while ensuring compatibility with the desired development goals and standards set by the Planning Authority.

This prime land opportunity in Livadia, Larnaca, presents an excellent investment prospect for developers or individuals seeking to capitalize on its strategic location and development potential.

Contact us for further details or to arrange a viewing of this exceptional property.