The property is located in the village of Xylofagou about 2.5km north of the central core of the village and about 650m east of the connecting road Xylofagou - Avgorou.
It has a rectangular shape, flat surface with a distance of less than 150m from the nearest registered road.
The immediate area belongs to an agricultural zone and has some scattered houses and warehouses as well as agricultural crops.
The property is owned by Themis Portfolio Management Holdings Limited.
The asset was acquired by Themis Portfolio Management Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any property transfer fees that may be applicable.