- 27,285,000 €
- 4.7% yield
Prime Seafront Development Land – Ormidia, Larnaca An outstanding opportunity to acquire two adjacent seafront plots with exceptional development potential in the coastal area of Ormidia, Larnaca. The land is located within the Sovereign Base Area of Dekelia, directly accessible from a coastal registered public road, and enjoys panoramic views of the Mediterranean. Plot A – Touristic Zone (T3e) Total area: 19,628 m² Density: 40% Coverage: 20% Floors: 3 Maximum height: 13.1m Plot B – Protection Zone (Z3) Total area: 12,065 m² Density: 1% Coverage: 1% Floors: 1 Maximum height: 5m Combined Total Land Area: 31,693 m² Allowable Built-Up Area Today: ~ 5,100 m² (with possibility of extensions/incentives) Estimated Development Concept: A 4-star hotel with 140 rooms, directly on the beachfront Supporting facilities such as SPA, leisure and wellness centers, restaurants, event spaces, and parking Potential for over 10,000 m² of built area with additional incentives and secondary usages The location qualifies for additional development incentives due to its proximity to the sea and its touristic product potential. Location Advantages 20 minutes from Larnaca International Airport 20 minutes from Larnaca city center 15 minutes from Ayia Napa Marina 35 minutes from Nicosia (capital city) Key Highlights Seafront plots with road access and unobstructed sea views Located in a growing touristic corridor between Larnaca & Ayia Napa Significant density in touristic zone (T3e) enabling profitable development Rare opportunity for large-scale hotel, resort, or mixed-use investment This package represents a rare chance to create a landmark seafront resort development in Cyprus, ideally positioned to capture both holiday and residential demand.
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