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The asset is a 3/7 share of a field in Geri, Nicosia. The field is located c. 500m northeast of the Dali industrial area, 780m southeast of Laiki Lefkothea area and 3km east of the Nicosia - Limassol motorway. The property totals 4,424sqm (3/7 share of total 10,322sqm) and is landlocked (85m east of the nearest registered road). No distribution agreement is in place. The immediate area comprises of undeveloped parcels of land as well as some industrial developments. The property falls within agricultural planning zone Γα4 with a building density coefficient of 10% and a coverage coefficient of 10%, over 2 floors and 7m maximum height. Reg. No.: 9/216 (3/7 share of total 10,322sqm) 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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