Description

Located in Ormideia, in the Larnaca district, this substantial 29,330 sqm development plot presents an exciting opportunity to create a comprehensive residential community in a strategically positioned area of Cyprus. The proposed development has the potential to accommodate 159 apartments across a planned residential complex, combining a diverse range of accommodation options with dedicated lifestyle, leisure and communal facilities.

The proposed residential scheme comprises 60 one-bedroom apartments, 70 two-bedroom apartments and 29 three-bedroom apartments, catering to a broad range of potential residents, from individuals and couples to families. The site plan illustrates a development arranged across multiple residential blocks, with shared outdoor spaces and amenities centralized in one building designed to bring residents together in a well-integrated community.

A defining feature of the proposal is the central facilities building, which is designed to elevate the development beyond conventional apartment living. As illustrated, the proposed amenities include a gym, spa, reception and lobby areas, and meeting rooms. The plans also identify a substantial lobby area of approximately 300 sqm and a coffee shop of approximately 175 sqm, alongside outdoor leisure areas incorporating a pool, sun deck, relaxation loungers and landscaped planting. These facilities create the potential for a residential environment focused on wellness, convenience, social interaction and everyday quality of life.

The location further strengthens the site's appeal. Situated next to a supermarket and alongside the motorway connecting Cyprus's major cities, the plot offers convenient access to everyday shopping and an important transport route for travel across the island. This combination of a substantial landholding, a varied residential mix, proposed on-site amenities and accessible connectivity makes the property an opportunity worth considering for developers and investors seeking to establish a distinctive residential destination in the Larnaca district.

With its scale and proposed mix of homes and communal facilities, the site offers the potential to deliver a cohesive residential development that combines private living spaces with shared amenities and leisure opportunities. The proposed capacity of 159 apartments, supported by an extensive lifestyle concept, is the principal differentiator of this opportunity.

The planning permit for the proposed development has been submitted, marking an important step towards the realisation of this residential project. The proposed apartment numbers, facilities and final design remain subject to the relevant approvals.