Five Adjacent Residential Fields in Athienou, Larnaca

Description

Share of five adjacent residential fields extending to about 29.509 sqm. in total. Access to the fields is via a registered road with a total frontage of approximately 100m. Distribution agreement is in place subject to the division in 27 plots which has been proposed. The asset is located approximately 1km south-west from the centre of Athienou community and approximately 800m east from the industrial area of Athienou. This property consists of: (1) 12.5% share of property is extending to approximately 6.680 sqm. in total and falls within Zone Κα6, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (10m) of construction. (2) 16.67% share of property is extending to approximately 4.683 sqm. in total and falls within Zone Κα6, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (10m) of construction. (3) 16.67% share of property is extending to approximately 4.683 sqm. in total and falls within Zone Κα6, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (10m) of construction. (4) 16.67% share of property is extending to approximately 7.024 sqm. in total and falls within Zone Κα6, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (10m) of construction. (5) 16.67% share of property is extending to approximately 6.439 sqm. in total and falls within a dual Zone Κα6 (53%), with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (10m) of construction and Zone Eβ6 (47%), with a building coefficient of 100%, coverage of 50%, and permission for 3 floors (11.3m) of construction.