Agricultural Field of 9,991m2 (share 1/2) in Larnaca

Description

The property consists of two adjacent shared fields in Softades area. They are located 2km from Kiti's center and the sea.

The field with reg. number 0/1923 has a total land area of 8,027sqm and the corresponding share (50%) concerns approximately 4,014sqm. It abuts a registered road on its southern border with a frontage of 425m. It is affected by expropriation of 1,582sqm. Therefore, the revised total land area would be 6,445sqm (the corresponding share would be approximately 3,223sqm).

The field with reg. number 0/1929 has a total land area of 1,964sqm and the corresponding share (50%) concerns approximately 982sqm. It has a corner position, and it abuts a registered road on its southern border. The asset is affected by expropriation of 131sqm. Therefore, the revised total land area would be 1,833sqm (the corresponding share would be approximately 917sqm).

The total revised land area, after expropriation, would be 8,278 sqm (corresponding share would be approximately 4,140sqm).

No distribution agreement is in place.