Land, For Sale, Famagusta, Sotira

This sizeable property consists of nine fields located in the Sotira Municipality in Famagusta. > >It is located c. 180m north of the Ayia Napa - Potamos Liopetriou road, 2km northwest of Agia Thekla beach and 2.5km northwest of the under construction Agia Napa marina. > >The asset has a total net area of 48,489sqm (51,990sqm TD area) and benefits from a flat even surface. > >The asset has the potential to be covered by all utility services (water, electricity and telecommunication). > >The immediate area is comprising of clustered holiday home developments. > >The area has experienced increased activity levels driven from the construction of the Ayia Thekla Marina and Sun City Hotel. > >The asset mostly falls within touristic planning zone 2 with the following characteristics: >-Hotels building density coefficient of 40%, coverage coefficient of 20% over 3 floors and a maximum height of 13.1m. >-Holiday village and villas building density coefficient of 35%, coverage coefficient of 20% over 2 floors and a maximum height of 8.3m. >-Houses building density coefficient of 20%, coverage coefficient of 20% over 2 floors and a maximum height of 8.3m. >A small part of the asset falls within protected Z1 with 6% building density, 6% coverage, 2 floors and a maximum height of 8,3m. >