This asset is a field in Sotira, Famagusta. The asset is located c. 400m northwest Agia Thekla beachfront and c. 2km west of Ayia Napa Marina. The asset has an area of 6,814sqm. The field will acquire road access once the land division of the adjacent plots is completed. The immediate area comprises of touristic developments as well as undeveloped parcels of land. The property falls into touristic planning zone T2β with the following characteristics: - Hotels: 40% building density, 25% coverage, 3 floors and a maximum height of 13,5m. - Touristic village/villas: 35% building density, 25% coverage, 2 floors and a maximum height of 10m. - Houses: 20% building density, 20% coverage, 2 floors and a maximum height of 10m. THE PRICE IS SUBJECT TO VAT. Reg. No.: 0/4400 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.