This asset is consists of 15 adjoining fields in Pigenia, Nicosia District.

The asset is located c. 2,5km northwest of the centre of Pigenia village and is adjacent to the coastal road that leads to Kato Pyrgos.

The asset totals 230,448sqm, has an irregular shape with sloping surfaces and benefits from a nice view of the surrounding area and sea. Four of the fields are adjacent to the coastal road while the other 11 are landlocked.

The immediate area comprises of forest land and undeveloped parcels of land, as well as some scattered residential developments.

The asset falls within two planning zones

-39,542sqm fall into H5 with 30% building density, 20% coverage, 2 floors and a maximum height of 8.3m

-190,906sqm fall into Γ3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8.3m

THE PRICE IS PARTIALLY SUBJECT TO VAT.

Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 05/02/2021.