Investment land in Larnaca

Nestled in the charming and historic neighborhood of Skala, Larnaca, this unique property offers a rare chance to develop in one of the city’s most sought-after and culturally rich locations — just a 1-minute walk from the beautiful Mediterranean coastline. 📍 Property Overview: Total Area: 673m² (combination of 3 adjacent plots) Planning Zone: Pa6 (Core and Continuous Development Area) Building Density: 180% Coverage: 70% Floors Allowed: Up to 3 Maximum Building Height: 10 meters VAT: Exempt 🏛️ Unique Feature: On the site sits a listed (preserved) building, full of architectural charm and historical character — ready to be restored and transformed. This opens the door to a wide range of development possibilities that blend heritage with modern luxury. Development Potential: Whether you’re looking to create: A Boutique Hotel rich in character Luxury Residential Apartments with sea access A vibrant mix of Retail Shops and Commercial Spaces 💰 Government Funding Available Investors who refurbish preserved buildings in Cyprus may be eligible for government grants and financial incentives, significantly reducing renovation costs. This is an incredible opportunity to restore a piece of history — with financial support. 🌆 Why Skala? Skala is a vibrant and authentic part of Larnaca, known for its traditional architecture, artistic spirit, and growing popularity among tourists and locals alike. Its proximity to the city center, Larnaca Marina, and the seafront promenade makes it a prime location for high-return investment. 📞 Don’t Miss This Opportunity Own a piece of Larnaca’s past — and shape its future. Contact us today for more information, plans, and viewing arrangements.