Located in Famagusta.
The asset is located in Ayia Napa, Famagusta, 100m from the sea, about 500m from the main sandy beach of Ayia Napa, Glyki Nero beach. The property is adjacent to South of Ayia Napa’s famous Sculpture Park.

The asset is situated on elevated land and enjoys unobstructed sea views. The surrounding area of the property is government owned land and benefits from building restrictions.

The field extends to an area of 5,458sqm and falls within the Town Planning Zones of Δα1 (10%), Δα2 (15%), Τ5(Ε3) (75%), which allow for a cover factor of 0.5%, 1% & 20%, a build factor of 0.5%, 1% & 20% respectively and a maximum of 2 floors.

The property is owned by an SPV and is subject to purchase of shares.