(Tourist) in Ayios Theodoros, Larnaca for Sale

This asset is a touristic field in Agios Theodoros, Larnaca.
The asset totals 20,136sqms and benefits from road frontage c. 152m along its southeast border and c. 7m along its northeast border. The field is on a higher level than the coastal road and thus offers an unobstructed sea view.
The immediate area comprises of undeveloped parcels of land and scattered residential and touristic developments.
The asset has the potential to be covered by all utility services (water, electricity and telecommunication).
The asset falls within touristic planning zone T3β the following paramenters:

-Hotels with 30% building density, 20% coverage, 3 floors and a maximum height of 13,1m.

-Touristic villages & villas 25% building density, 20% coverage, 2 floors and a maximum height of 8,3m.

-Houses 20% building density, 20% coverage, 2 floors and a maximum height of 8,3m.