Address: Shop 5, Forest beach gardens, Dhekelia rd, Oroklini. 7041. Cyprus
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Ground Floor Building With Shops For Sale In Larnaca Town Center Id: 6647

Type: Commercial Building

Ground Floor Building With Shops For Sale In Larnaca Town Center

Area of parcel in m2

496 m2

 

Allowable building area in %

100%

 

Density (Dual Zone)

Πα4 240 %

 

Coverage

70%

 

Zone

Πα4 – Core Areas with continual building index

(Περιοχές πυρήνων με συνεχούς δόμηση)

 

Floors

4 (+ 2 floors LLP Par. 11.6.2.3 (γ))

 

Height in m

13.10

 

Total Allowable Buildable Area

Density

Πα4: 496x240%= 1190.4m2

Coverage

Πα4: 496x70%= 347.2m2

1190.4 +25% + 15%+ 5%

1190.4 + 297.6 + 178.56 + 59.5 =1726.06m2

25% transfer of coefficient

15% B.I. RISES UP TO 15% RESIDENTIAL

5% Renewable energy source

The existing shop on the ground floor is 478sqm

1248.08 to use

Total: 1726.08m2

 

Covered Verandas 25%

431.52 m2

 

Building Proposal

Total residential development over 4+1 floors (total 5 floors) on top of ground floor shops. Our recommendation is to have four 1 – bed flats per floor (1 - bed 44 sqm each) and two studio flats (30sqm each) on the first 3 floors and three 2-bed flats (64 sqm each) on the 4th & 5th floors and one studio flat on the 4th floor.

This gives us 7-studios, 12 – 1 bed apartments, and 6 - 2 bed apartments.

 

 

Existing shop

478sqm

Studio

30sqm

One

bedroom

44sqm

Two

bedroom

64sqm

Total

Ground floor

 

 

 

 

 

First floor

 

2

4

0

6

Second floor

 

2

4

0

6

Third floor

 

2

4

0

6

Fourth floor

 

1

0

3

4

Fifth floor

 

0

0

3

3

Roof garden

 

0

0

0

0

Total

 

7

12

6

25

 

Total of 25 units

7 - studio flats & 12 1 – bed flats & 6 2 – bed flats (allow 19 sqm per floor for staircase & corridors

Total area = 1122.5 sqm + 95 sqm + 478sqm (existing shop) = 1695.5 sqm

 

IMPORATNT NOTE:

• In case the client wishes to build including the incentives of the transfer of coefficient of 25,99% which will result to more floors to be build, this will require another procedure to the Central Planning Department of Nicosia for tall buildings.

 

Location

Details

Additional information

  • Region: Larnaca
  • Location: Larnaca Center
  • Area: 4782
  • Plot size: 4962
  • Title Deeds

Sale Price: €2400000