Description
This asset consists of five adjoining fields in Foinikaria, Limassol. The asset has a combined area of 112,526sqm, has an irregular shape with a sloping surface, and benefits from a road frontage of c. 35m along its northern border and 5m along its southwest border and is expected to benefit from a proposed road network.The immediate area comprises pine tree forests as well as some scattered residential developments.The asset is not covered by any utility services (water, electricity and telecommunication)
The asset falls within two planning zones:
- 97,164sqm agricultural planning zone Γ3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8.3m
-15,362sqm fall into protected planning zone Z3 with 1% building density, 1% coverage, 1 floors and a maximum height of 5m
