Residential Field in Paralimni, Ammochostos

Description

This property represents a ½ share of a field in Paralimni, Famagusta, situated approximately 500 meters southeast of Protaras Avenue and 1.5 kilometers east of Protaras–Kavo Greko Avenue.

The total land area is 7,332 sq.m., with this share corresponding to approximately 3,666 sq.m. The field is landlocked, located about 80 meters south of the nearest registered road, and currently includes animal husbandry facilities. There is no distribution agreement in place.

The surrounding area consists mainly of undeveloped parcels of land, offering a peaceful and open setting.

The property falls within Residential Planning Zone Κα8, which allows for a building density of 60%, coverage of 35%, up to 2 floors, and a maximum building height of 10 meters.

This is a promising investment opportunity for future development in a sought-after area near the Protaras coastline.