Share (47.5%) of Land in Frenaros, Famagusta

Description

A 47.5% share of land in Frenaros, Famagusta, located approximately 300 m from the local primary school and around 820 m from the industrial area of Frenaros. Within the parcel there are 14 houses and two vacant "plots," with inexhaustible building density. The share corresponds to inexhaustible development rights under registration no. 0/7062 (inexhaustible building right number 50) and to an area of approximately 2,480 m² (out of a total of 5,222 m²). The property has separate access from the road and excellent proximity to Paralimni and Agia Napa. It falls within a residential town-planning zone (ΚΑ6), allowing 90% building density, 50% coverage, 2 floors and a maximum height of 10.00 m. The property is owned by Gordian Holdings Limited. The price is subject to VAT.