For Sale: Investment: project, Mazotos, Larnaca, Cyprus FC-39863

The plot totals 87,823sqm, falls under a touristic zone (Τ2ε) “arming” it with three development alternatives, either tourist, residential or hotel development and benefits from road frontage of 130 meters along the Meneou – Pervolia road.

It has a polygonal shape, an even flat surface and a total frontage of approximately 360 meters along the sea shore. It may be eligible for additional building density through government incentives.

Seven adjacent seafront fields of land, 800 meters from the Panagia tis Petountas church, 3km away from Mazotos village and 16km away from Larnaca International Airport. It is in close proximity to the national motorway.

The subject property has a high development potential due to the adjacent residential developments, the proximity to the sea shore and Mazotos Municipality as well. The beach protection zone is circa 720sqm.

Mazotos is an agricultural community turned touristic. The immediate area of the subject plot consists of residential developments and empty plots which lie within touristic and agricultural zone.

It encompasses recent residential developments proximate to the sea shore, with swimming pools and well kept gardens.

Management envisages that the project will include the following:

A. 84 beach detached villas, in order to serve high – quality families around the world, have carefully designed six different styles of villas, including classic, exquisite, luxurious, Royal European style, Royal Mediterranean style and Imperial Chinese quadrangle villa, with an area of 163m2, 282m2, 486m2, 525m2, 641m2, 880m2 and 960m2.

B. 1 super large club with an area of nearly 9000m2, 22 one bedroom art studios, as well as high – end life service supporting facilities such as children’s playground, herbal garden, public beach, central Park, activity/art exhibition area, etc.