€20,000,000 €228/m²

87,823m² Plot for Sale in Mazotos, Larnaca District

Mazotos, Larnaca district Posted 3 years ago Updated 3 days ago
87,823 m²Covered area
87,823 m²Plot
Pre-OwnedCondition
2023Built
Smart Assets Agency · Reg. 1109 · Licence 317/E 1,814 for sale

About this home

Reference ID: #SA29215Price details: €20,000,000The asset totals 87,823 sqm, falls under a touristic zone (Τ2ε) “arming” it with three development alternatives , either tourist, residential or hotel development and benefits from road frontage of 130meters along the Meneou- Pervolia road. The asset has a polygonal shape, an even flat surface and a total frontage of approximately 360 meters along the sea shore.The asset 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 beachprotection zone is circa 720sqm。Mazotos is an agricultural community turned touristic.The immediate area of the subject asset 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.The property will be developed into a beach detached villa project, including 3 / 4 / 5 / 6 and 9 bedrooms. Each villa has a garage, swimming pool, basement, attic, garden and roof garden.• 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 163㎡, 282㎡, 486㎡, 525㎡, 641㎡, 880㎡ and 960㎡.B. 1 super large club with an area of nearly 9000㎡, 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.VILLAS - 6 TYPES OF VILLAS► 7 nine-bedroom villas|1 type► 7 six-bedroom villas|2 types► 14 five-bedroom villas|1 type►48 four-bedroom villas|1 type► 8 two-bedroom villas|1 typeTotal:84ART STUDIOS22 one-bedroom art studiosCLUBHOUSE AMENITIES► GF: restaurant, cafe, art gallerie, bar► Basement: Spa&Health center► 1F: restaurant, coffee bar, VIP Hall, famous brand store, jewelry store► 2F: Chinese restaurant, European restaurant, VIP private room, local restaurant► Roof: Rooftop bar and swimming pool with panoramic sea view

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Reference
SA29215
Property type
Land and Plots
Plot area
87,823 m²
Construction year
2023
Building density
45%
Coverage ratio
20%

What it will really cost

Asking price€20,000,000
Title transfer fee ~€796,600
Estimated total€20,796,600
Mortgage estimate
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Location

Mazotos, Larnaca district

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