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Residential Development Plot in Chrysopolitissa, Larnaca

€360,000

Chrysopolitissa, Larnaca, Cyprus

  • 515 m²

    plot

  • Land

    property type

  • 1 week ago

    listed

The Habio take

AI summary

This 515 m² residential plot in Chrysopolitissa, Larnaca, presents an outstanding opportunity for developers. Located just moments from essential amenities and a short drive from the seafront and airport, it offers prime potential for mixed-use or residential development.

  • investment
  • new build
  • city

Highlights

  • 515 m² residential plot
  • Located in sought-after Chrysopolitissa
  • Excellent road frontage and plot shape
  • Permitted building density of 120%
  • Prime location near amenities and transportation

Worth knowing

  • Existing property in dilapidated condition
  • Development subject to planning approvals

Good fit for: Ideal for developers or investors looking to capitalise on a prime location.

Lifestyle scores

Beach
70
Walkable
75
Remote work
70
Family
65
Retirement
60
Airport access
80
Investment
75
Luxury
50
Value
65

About this place

This exceptional residential plot is available for sale in the highly sought-after area of Chrysopolitissa, Larnaca. The plot, covering 515 m², is ideally positioned just 100 metres east of Petrakis Kyprianou Avenue and approximately 350 metres southwest of Prodromos Primary School. With immediate access to essential amenities including schools, supermarkets, shops, restaurants, healthcare facilities, and public services, it benefits from a prime location.

Larnaca city centre, the seafront, and Larnaca International Airport are all within a short drive, enhancing the desirability of this location for residential or mixed-use development. The plot has a regular rectangular shape and a level surface, featuring dual road frontage along its northern and western boundaries, totalling approximately 45 metres. This configuration offers excellent flexibility for architectural design and access.

The planning parameters for this plot fall under the Ka4 zone, allowing for a building density of 120%, a coverage ratio of 50%, and the construction of a maximum of three storeys with a height of up to 13.50 metres. This flexibility makes it ideal for a variety of development options such as apartments, townhouses, or contemporary mixed-use projects, subject to the necessary planning approvals. An existing ground-floor house is located on the property but is in a dilapidated condition, considered to have no economic value. This plot represents a remarkable investment opportunity in one of Larnaca's established residential neighbourhoods, combining accessibility with strong development potential.

Where you’ll be

Chrysopolitissa, Larnaca, Cyprus

Location is approximate — exact address is confirmed by the agent.

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Buying property in Cyprus

Full guide →

The process of buying property in Cyprus requires careful planning and involves several legal steps. Foreign buyers should budget for associated costs such as stamp duty, legal fees, and transfer fees, which can vary based on the property's value and other conditions.

  • Foreign buyers must confirm details with a qualified local lawyer as there are differences based on citizenship, and laws can change.

  • Recent adjustments include the introduction of a 0.4% seller's fee for the Central Agency for Equal Distribution of Burdens.

  • Sources consulted (2026-07-27): - Purchasing Property - Ministry of Interior - Gov.cy: https://www.gov.cy/moi/en/purchasing-property/?utm_source=habio - Εργαλείο υπολογισμού Φ.Π.Α. 5% για αγορά/ανέγερση κατοικίας - Tax For All - Gov.cy: https://www.gov.cy/mof-tfa/documents/ergaleio-ypologismoy-f-p-a-gia-agora-anegersi-katoikias/?utm_source=habio

Always check the latest legal requirements and fees.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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