This asset is a 1/3 share of a field in Flasou, Nicosia. The asset is located in the center of Flasou village and c. 1,1km west of Soleas dam. According to the distribution agreement the BoC 1/3 share translates to under division Plot 1 and Plot 2. Plot 1 will have an area of c. 626sqm and benefit from c. 25m road frontage. Plot 2 will have an area of c. 585sqm and benefit from c. 4m road frontage. The immediate area comprises of residential developments as well as some undeveloped parcels of land. The asset falls within two residential planning zones: -c. 1,056sqm fall within H2 with 90% building density, 50% coverage, 2 floors and a maximum height of 8,3m. -c. 155sqm fall within H1 with 120% building density, 70% coverage, 3 floors and a maximum height of 11,4m. THE PRICE IS SUBJECT TO VAT Reg. No.: 0/7802 (1/3 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.