Investment land in Pyla

8,800,000 €

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Key project parameters

Project description

Land for sale in Pyla, Larnaca. It has an are of 100,363 sq. m. Falls into residential zone with building density is 90% and coverage ratio 50%. The area is very attractive, featuring beautiful houses. The upper part of the plot also offers a sea view. The land can be divided into 120 individual plots, but the potential benefit is significantly greater if it is developed as one unified property. The total size of the plot exceeds 100,000 m², and due to its scale, it qualifies for an additional building density allowance of 20%—equivalent to roughly 20,000 m² of extra buildable area. Furthermore, the area is located in a special zone, where local buyers can receive a government subsidy of € 50,000 when purchasing a plot, house, or apartment.

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Agreement: n/a

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annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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Analysing the needs

We use a methodology that enables us to formulate requests and find good deals in the market

Developing a strategy

We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment

Providing transaction support

We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account