Building Plot for Sale in Popular Pascal Area
Building Plot
Larnaca, Pascal
€265,000
€508/m2
Overview
Reference 24498
Title Deed: Yes
Plot:522m²
This exceptional 522 sqm plot offers a rare blend of privacy and nature. Situated in a prime location, the property is bordered by a designated green area on one side and the Forest on the other two sides, ensuring permanent, unobstructed greenery.
The plot falls within dual planning zones, providing a generous building factor:
Zone Ka7 (92%): 80% Density / 45% Coverage
Zone Da2 (8%): 1% Density / 1% Coverage
Building Allowance: 2 Floors
Significant Financial Advantages:
• 5% VAT Benefit: The planning permit was issued before the new 2023/2024 VAT regulations. This allows the buyer to build under the transitional "Old Scheme" rules, applying the reduced 5% VAT to the first 200 sqm of construction (subject to the buyer's eligibility for a primary residence).
•Plot VAT-Exempt: As this is a private sale by an individual, the purchase of the plot itself is most likely not subject to VAT, saving the buyer an additional 19%.
Ready-to-Build:
• Permits: Planning permit is valid until 2030. Building permit is available and simply requires a routine renewal.
• Plans Included: Architectural plans for a modern 280 sqm residence are included in the price. Also all electrical and mechanical plans.



Pascal is known for its peaceful residential atmosphere, blending modern comforts with a friendly community spirit. The neighborhood features wide streets and well-maintained surroundings, making it a popular choice for families and professionals. There are schools, local shops, and parks nearby, offering convenience and a pleasant lifestyle.
Allowances
Zone Cover Factor Build Factor Max Height Max Floors
Δα2 1% 1% 5 m 1
Κα7 45% 80% 10 m 2
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