48489m² Land in Sotira, Cyprus No. 35774

Property description

Reference ID: #SA28432Price details: €6,500,000 +VATThis sizeable property consists of nine fields located in the Sotira Municipality in Famagusta. It is located c. 180m north of the Ayia Napa - Potamos Liopetriou road, 2km northwest of Agia Thekla beach and 2.5km northwest of the under construction Agia Napa marina. The asset has a total net area of 48,489sqm (51,990sqm TD area) and benefits from a flat even surface. The asset has the potential to be covered by all utility services (water, electricity and telecommunication). The immediate area is comprising of clustered holiday home developments. The asset mostly falls within touristic planning zone Τ2β with the following characteristics: -Hotels building density coefficient of 40%, coverage coefficient of 20% over 3 floors and a maximum height of 13.1m. -Holiday village and villas building density coefficient of 35%, coverage coefficient of 20% over 2 floors and a maximum height of 8.3m. -Houses building density coefficient of 20%, coverage coefficient of 20% over 2 floors and a maximum height of 8.