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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 4) (Δηλωση Πολιτικης (Χωρ. Περιοχη 4))
Residential: 0.63 Km
Commercial: 6.73 Km
Tourist: 0.78 Km
Industrial: 1.42 Km
Agricultural: 0.37 Km
Farm: 5.13 Km
This asset is a 1/4 share of a field in Zygi, Larnaca. The asset is located c. 720m northwest of Zygi’s fishing shelter and c. 880m northeast of Vasiliko Cement Works and c. 500m north of the sea. The asset has an area of c. 4,873sqm (1/4 share of 19,490sqm) and benefits from c. 64m road frontage along a registered road on its east border. There is no distribution agreement in place. The asset falls within the restricted development zone of Vassilikos area masterplan. The immediate area comprises of undeveloped and agricultural parcels of land. The field falls within protection planning zones Z1 (4,482sqm) and Z1α (15,008sqm) planning zones with 6% building density, 6% coverage, 2 floors and a maximum height of 8,3m. Reg. No.: 0/1953 (1/4 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.
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