Agriculture Plot for sale, Nicosia, Pigenia

This asset comprise of three adjoining fields in Pigenia, Nicosia. The asset has a total are of 28,987sqm. The three fields along with a fourth adjacent field (not part of the asset for sale) are under a land division process. According to the distribution agreement once the division process is complete the three fields will translate to 30 residential plots. The plots will have an average area of 620sqm and will benefit from a road frontage. The immediate area comprises of undeveloped parcels of land and some scattered residential developments. The asset falls within residential planning zone H4 with 40% building density, 25% coverage, 2 floors and a maximum height of 8,3m.