The asset is a shared field (81.3%) with a two-storey house and a swimming pool in Argaka. It is located along the main road that connects Pomos and Polis Chrysochous, 1,8km from the Community’s center and less than 50m from the coastline. The field has a total land area of 7,358sqm and benefits from 44m, 130m, and 43m road frontage along its western, southern, and eastern border, respectively. The area that corresponds to the asset is 5,982. The house has a covered area of 135sqm and 6sqm uncovered verandas.
Town planning zone
The asset was acquired by Gordian Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any applicable property transfer fees.