Property Description

• Located in Mari, Larnaca - in the centre of the heavy industry area of Vasiliko, Cyprus, exactly next to the LNG (Liquefied Natural Gas) Terminal where the new LNG Terminal will be constructed by China Petroleum and Pipeline Engineering, the largest project of its kind in Cyprus.
• Unique energy-related opportunity
• Field size: 26,133m²
• Maximum building density: 90%
• Maximum coverage coefficient: 50%
• Floors allowance: 2
• This LNG Terminal is considered to be Cyprus’ largest energy venture and features an LNG floating storage and regasification unit (FSRU), a jetty, mooring facilities, a pipeline, and other onshore and offshore related infrastructure:

More information about the area:
The Vasilikos Area, Energy Park, is located on the south coast of Cyprus and is the only industrial area of Cyprus with port facilities for dirty cargo\'s and the potential for expansion to accommodate the emerging oil and gas industry of Cyprus and the Eastern Mediterranean. Currently the Vasilikos area host the biggest power plant of Cyprus, VTTIs petroleum storage facilities, a cement plant, an industrial port and other industrial facilities. The Vasilikos Area is also the designated area for the establishment of the LNG liquefaction plant and the Governments petroleum storage facility.

Several factors make this plot of land unique:
1. It is not owned by the government or any other company, but is a completely undeveloped land, belonging to private individuals.
2. It is the only private available land within the Vasilikos Energy Park.
3. It is situated in the middle of the heavy industry area of Vasilikos.
4. Exactly next to the land there is a constructed jetty which greatly reduces any potential jetty construction costs.
5. It will be the only land in the Vasilikos Area, Energy Park left undeveloped following the construction of the LNG Import Terminal by China Petroleum and Pipeline Engineering and we have direct access to the owners who have trusted us with the sale of this land.
6. The only available private land within the Vasilikos industrial port which gives it huge advantage of importing the LNG by FSRU (shipping the LNG or natural gas as the land is within the new port expansion) to produce electricity.
7. The south border of the land is attached to the sea.

With the strategic land position (boundaries on the Vasilikos main Port and direct access to the sea) companies that will acquire this land will have the ability to participate directly on the following:
• Oil Products trading
• LNG trading
• Oil and Gas derivative products manufacture
• Oil and Gas infrastructure including distribution networks, storage and processing facilities
• Provision of services to the offshore industry
• Repair and maintenance of offshore installations, vessels and related equipment
• Desalination Plant
• Waste to Energy Plant
• Combined Cycle Power Plant of 260MW
• VAT excluded from the price

Property Details

Reference: NIS8070
Type Field
Website Views 61
Land Area 26133 m2