Altamira Real Estate is offering a one-of-a-kind large-scale investment opportunity in the coastal area of Larnaca, featuring eight seaside plots in the community of Softades.
The properties stand out for both their strategic location and unique features, combining direct access to the sea, extensive land area and significant development potential. The eight plots cover a total area of 235,657 sq. m. with a combined sea frontage of nearly 400 meters. This offering represents a rare opportunity for investors and land developers seeking a strategic presence in one of the island’s most up-and-coming tourist areas.
The properties are situated in a prime location, just minutes away from the tourist area of Pervolia, Larnaca International Airport, and Larnaca city centre. They also benefit from easy access to the main road network, as well as all essential services and amenities, further enhancing the strategic value of the location.
The plots are being offered in 3 separate groups.
The first group, with an asking price of €11,500,000, comprises three plots with unobstructed sea views, a total beachfront frontage of approximately 270 meters and a combined area of 133,127 sq.m.
The second group, with an asking price of €8,000,000, comprises four seaside plots covering a total area of 83,325 sq.m. and offering approximately 140 metres of beachfront frontage.
The offering is complemented by a standalone plot with an asking price of €1,500,000, featuring approximately 135 metres of frontage along a public road. All properties benefit from a smooth surface and regular shape, offering enhanced flexibility for architectural design and development.
The plots fall within the T2e and T2a tourist zones, which permit a wide range of developments, including luxury hotels, tourist resorts, tourist villages, holiday home complexes, sports and entertainment centres, as well as high-end mixed-use tourism developments.
The extensive land area combined with the location and potential for integrated development, create ideal conditions for a project with strong investment prospects and significant capital appreciation potential.
Growing demand for high-quality seaside developments in Cyprus, coupled with the limited availability of such properties across the island, makes this offering highly competitive. Altamira Real Estate presents an investment proposition that combines prime location, scale, development flexibility, and long-term growth potential, targeting investors and land developers seeking projects with high returns and strong growth prospects.
Bids open every Tuesday at 10am. For more information, please visit Altamira Real Estate’s website.