Development opportunity in 24 touristic fields located in Ammochostos, Liopetri

An attractive investment opportunity in 24 touristic fields, extending to about 195.003 sq.m. in total, located a stones throw away from the beach and the Liopetri canal.
The properties have a flat surface and access is via several registered roads.

The assets are located in a walking distance to the beach, approximately 600m southeast of the Larnaca – Famagusta motorway, near the exit to ‘Xylofagou’ and at a distance of 1,5km west of Liopetriou river.

This property consists of:

Property with registration number 0/2972, extending to approximately 28,634sq.m. in total and falls within five zones. Zone Γα2(13%), with a building coefficient of 6%, coverage of 6%, and permission for 2 floors (7m) of construction. Zone Δα1(6%), with a building coefficient of 0.5%, coverage of 0.5%, and permission for 1 floors (5m) of construction. Zone Δα2(15%), with a building coefficient of 1%, coverage of 1%, and permission for 1 floors (5m) of construction. ZoneΤ3β(52%), with a building coefficient of 0%, coverage of 0%, and permission for 0 floors (0m) of construction. Zone ΕΖΑ(14%), with a building coefficient of 6%, coverage of 6%, and permission for 2 floors (7m) of construction.

The properties with registration numbers 0/3033, 0/3047, 0/2982, 0/2978, 0/2980, 0/3068, 0/2983, 0/2987, 0/2985, 0/3001, 0/2981, 0/3038, 0/3048, 0/2974, 0/3000, 0/3049, 0/3064, 0/2995, 0/3046 extending to approximately 212,671 sq.m. in total and falls within Zone Τ3β, with a building coefficient of 0%, coverage of 0%, and permission for floors (0m) of construction.

Property with registration number 0/2975, extending to approximately 7,492 sq.m. in total and falls within a duel Zone Γα2(25%), with a building coefficient of 6%, coverage of 6%, and permission for 2 floors (7m) of construction and Zone Τ3β(75%), with a building coefficient of 0%, coverage of 0%, and permission for 0 floors (0m) of construction.

Property with registration number 0/3050, extending to approximately 25,755 sq.m. in total and falls within a duel Zone Τ3β(100%) with a building coefficient of 30%, coverage of 20%, and permission for 3 floors (13.1m) of construction.

Additional to the above 22 fields there is 1 field with registration number 0/2986, marked in green color on images, which is owned by Eurobank Ltd. This additional field can be acquired separately or as part of an extended package to further enhance the development potential. For more detailed information on the specific field, please use the REF ID or URL provided below:
REF ID: #44329
https://marketplace.altia.com.cy/listings/1755