The Building is located just 500 meters
The Building is located just 500 meters from the New Marina Investment in Larnaka, the front
line apartment’s benefit from a sea view, has a swimming pool, it is a corner building, Makariou Avenue is the main Business center in Larnaka, walking distance to the beach (700 meters away), has the option to expand the Building density and coverage of the Hotel for another 2 floors, is the only Business Hotel Apartments in the Avenue of Makariou, and the shops of the Hotel face on the commercial street.
The plot is located in the business center of Makariou Avenue and has an area of 2106 m2
The zone of the Plot is EB1 & Ka5 Category I.
Building maximum coverage m2: 2106 (plot m2) X 168% (building Density) = 3538 m2
Existing m2 coverage build: 2870 m2
Amount of m2 due (leftover): 668 m2
It is possible to build another 2 floors on the side next to the swimming pool, 334 m2 for each floor, in total of 668 m2.
If the new owner/Investor wishes to build the extra 2 floors, the architectural plans/study are for 16 apartments of 42 m2 each.
The existing Hotel Apartments includes
21 X 1 B/d Apartments
03 X 2 B/d Apartments
13 X Studio Apartments
17 Shops and a nightclub for Rent.