📍 Land for Sale
Location: Dekalia, Larnaca – Cyprus
Asking Price: €1,780,000 (No VAT)
• Area: Dekalia, Larnaca
• Approx. 700 meters from the sea
• Located in a rapidly developing residential zone
• Close to the former refinery redevelopment area (major long-term upside catalyst)
📐 Planning & Zoning Data
Item Details
Plot Size 4,300 m²
Planning Zone Κα8 (100%)
Use Residential
Building Density 60%
Coverage 35%
Floors Allowed 2
Max Height 10 meters
🏗️ Development Potential
🔹 Total Buildable Area:
4,2300 m² × 60% = 2,580 m² buildable
1️⃣ Luxury Detached Villas
• 8–10 villas
• 250–300 m² each
• Estimated selling price: €550,000 – €750,000 per villa
• Gross Sales Potential: €5M – €6.5M
2️⃣ Townhouse Project
• 12–16 units
• 150–180 m² each
• Estimated selling price: €350,000 – €450,000
• Gross Sales Potential: €4.5M – €6M
3️⃣ Low-Rise Apartment Building (if subdivision allowed)
• 18–22 apartments
• 110–130 m² average size
• Estimated selling price: €220,000 – €300,000
• Gross Sales Potential: €4M – €5.5M
💰 Price Analysis
• Asking Price: €1,780,000
• Price per m²: ≈ €420 / m²
Market Comparison:
Ka8 plots near the coastline in Livadia typically range between:
• €350 – €500 / m² depending on frontage, shape, and infrastructure.
Key Strengths
• Walking distance to the beach
• High-demand residential area
• Strong medium-term capital appreciation outlook
• Suitable for medium-sized developer
• Clean residential zoning (Ka8)
