The asset is a Residential field of 4014 sqm located in Pigenia village of Nicosia District. It has a sloping amphitheatric surface and has a sea view to Morfou bay. The property is near the village, c. 450 m from Saint Charalampos church and c. 4 km (11 minutes drive) from Kato Pyrgos. It falls under H2 planning zone that allows for Residential development, with 90% density, 50% coverage, over 8.3 m and two floors. The immediate area is characterized by few medium quality Residential developments and many vacant Residential plots. The asset is adjacent to a Traditional House that is also for Sale.