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Lucky Star Land

Larnaca, Larnaca, Krasas Price from: €4 500 000 plus VAT

Unique piece of Land available for sale in Larnaca, Cyprus

The total area of the land is 29935 square meter.

The land zone is a special zone where private clinics, Hospitals, universities, shoppings malls, research centers etc can be developed and this is regulated by new planning laws.

The main characteristics that the Land possesses are the following.

Location of land
The land is located about 6 km west of the center of Larnaca.
It is also only 7 kilometers away from the main international airport.
It is ideally located only approximately 55 kilometers from Limassol and 50 from Nicosia.
The land has easy access to the highway.
Physical characteristics of land
The land has a total area of 29935 square meters (twenty nine thousand Nine hundred and thirty five
square meters.) with a rectangular share and has access from a tarmac road.
Legal and Planning characteristics of land

The most important characteristic of the land is that it is located within a special zone where the
creation of special facilities like private hospitals is allowed. This is outlined within the planning legislation
and zones that the government has announced. Specifically the criteria are the following:
a) The land area should be a minimum of 12000 square meters
b) The density coverage should be 25% and the building density can reach 35%.
c) The hospital buildings should be at least 10 meter from the boundary of the land.
d) Parking spaces should be 20% more from the normal spaces requested by law.
e) The hospital can also include two houses for doctors and other amenities such as coffe shops, florist
shops, pharmacy etc of a total area of 750 square meters
f) The hospital can include an additional 20% building density of the total rooms of the hospital for the
use of accommodation of relatives of the patients.

According to the above information the following hospital can be build.
Hospital building – 7350 square meters (approximately 4000s.m for 200 patient’s rooms plus 3350s.m for
operation theaters and other hospital facilities)
Net area of Land of hospital – 21000 square meters (The total area if 29935s.m but there will be about 30%
of the land which will be used for roadwork and green areas)
Parking spaces – approximately 500 parking spaces. It can either be done as basement or on the land
surface. Both possibilities are available with the latter being more economic.

For more information please contact us

The Land is for sale at €4 500 000 plus VAT.

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