Incomplete Residential Development in Avgorou FOR SALE

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This asset is an incomplete residential development in Avgorou, Famagusta.  The asset currently comprises of four incomplete houses with planning permit for 18 houses. All 18 houses will have an area 106sqm and will consist of an open plan livingdining room and kitchen, guest toilet and a bedroom on the ground floor and two ensuite bedrooms on the first floor. The surrounding area of the property comprises of residential developments and undeveloped parcels of land. The asset falls within residential planning zone H2, with a building density coefficient of 90, coverage coefficient of 50, 2 floors and a maximum height of 8,3m. THE PRICE IS SUBJECT TO VAT.