Description

The property comprises of two adjoining fields in Deryneia, Famagusta. It is located 700m southwest of Deryneia village centre and 400m northwest of Deryneias industrial area. Also, the asset is subject to a compulsory purchase and once the process is completed the total area of the asset will be 952sqm. It benefits from 40m road frontage along a registered road on its west border. The immediate area comprises of residential developments and undeveloped parcels of land. It falls within residential planning zone Kα6 with 90% building density, 50% coverage, 2 floors and a maximum height of 8,3m.