This asset is a 1/2 share of a field in Paralimni, Famagusta. The field is located c. 70m east of Protaras – Kavo Greco Avenue, c. 700m south of Kappari’s roundabout and c. 770m west of the coastline. The asset has an area of c. 791sqm (1/2 share of 1,582sqm) and is landlocked (c. 19m south of the nearest registered road). There is no distribution agreement. The immediate area of the asset comprises of residential developments and undeveloped parcels of land. The property falls into touristic planning zone T1στ2 with the following characteristics: - Hotels: 50% building density, 25% coverage, 3 floors and a maximum height of 13,5m. - Touristic village/villas: 40% building density, 25% coverage, 2 floors and a maximum height of 10m. - Houses: 30% building density, 25% coverage, 2 floors and a maximum height of 10m. THE PRICE IS SUBJECT TO VAT. Reg. No.: 0/4622 (1/2 share) All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.