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Description: Protection Zone (Ζωνη Προστασιας)
Coverage: 0.06
Density: 0.06
Height: 8.3 meters
Allowed stories: 2
Development description: Policy Statement (Excluding Zone 6) (Δηλωση Πολιτικης (Χωρ. Περιοχη 6))
Residential: 1.77 Km
Commercial: 1.76 Km
Tourist: 6.42 Km
Industrial: 0.43 Km
Farm: 0.79 Km
This asset comprises of a 1/3 share of three adjoining fields in Frenaros, Famagusta. The asset is adjacent to Avgorou – Frenaros road, c. 450m west of Frenaros Industrial area and c. 1,6km southwest of Frenaros centre. The asset has an area of c. 3,748sqm (1/3 share of 11,244sqm) and benefits from c. 160m road frontage on its south and southwest borders. The asset has an irregular shape with a flat surface. There is no distribution agreement. The immediate area of the asset comprises of agricultural and undeveloped parcels of land as well as some residential developments. The property falls within agricultural planning zone Γα2 with 6% building density, 6% coverage, 2 floors and a maximum height of 7m. Reg.No.: 0/2998 (1/3 share of 2,035sqm), 0/4876 (1/3 share of 2,084sqm), 0/4877 (1/3 share of 7,125sqm) All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
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