Development Plot with High Density in Sotiros, Larnaca
€280,000
Sotiros, Larnaca, Cyprus
336 m²
plot
Land
property type
1 week ago
listed
The Habio take
AI summaryA 336 sqm plot in Sotiros, Larnaca, ideal for apartment development with a 140% building density. This prime location offers significant investment potential in a growing real estate market.
- investment
- new build
- city
Highlights
- 140% building density
- Construct up to four floors
- Prime development location
- Registered road access
- Significant investment potential
Worth knowing
- Existing house in poor condition could require demolition
Good fit for: Best suited for investors looking to develop residential apartments.
Lifestyle scores
- Beach
- 70
- Walkable
- 65
- Remote work
- 60
- Family
- 50
- Retirement
- 55
- Airport access
- 80
- Investment
- 85
- Luxury
- 60
- Value
- 75
About this place
This 336 sqm plot is situated in the highly desirable Sotiros area of Larnaca. It features a building density of 140% and a coverage rate of 50%, allowing for the construction of up to four floors, with a maximum height of 17 metres.
The plot is serviced by a registered road, providing easy access and convenience for development. Currently, there is an existing house on the property which is in poor condition and can be removed if requested, ensuring that you have a clean slate for your future project. This is a fantastic opportunity to invest in Larnaca’s burgeoning real estate market, capitalising on the demand for new apartments.
Where you’ll be
Sotiros, Larnaca, Cyprus
Location is approximate — exact address is confirmed by the agent.
Open in Google MapsBuying property in Cyprus
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
