Residential Field in Alethriko

This asset consists of two fields in Alethrico, Larnaca.

The asset has a total area of 24,722sqm and has acquired a right of way from an adjacent parcel.

The immediate area comprises of scattered residential developments and undeveloped parcels of land.

The property has the potential to be covered by all utility services (water, electricity and telecommunication).

The asset falls within three planning zones:

-1,050sqm fall into residential planning zone H2 with 90% building density, 60% coverage, 2 floors and a maximum height of 8,3m.

-13,966sqm fall into residential planning zone H3 with 60% building density, 35% coverage, 2 floors and a maximum height of 8,3m.

-9,706sqm fall into agricultural planning zone Γ3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8,3m.