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The asset is a 1/2 share of field in Xylofagou, Larnaca. The field is located c. 430m southeast of Xylofagou’s center and c. 1km north of the Larnaca - Agia Napa motorway. The asset has an area of c. 3,234sqm (1/2 share of 6,468sqm). The asset is landlocked but can acquire sufficient access through a land division. There is no distribution agreement in place. The immediate area comprises residential developments and undeveloped parcels of land. The property falls within residential planning zone Kα6 with a building density coefficient of 90% and a coverage coefficient of 50%, over 2 floors and 10m maximum height.
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