The asset is a plot in Softades, Larnaca. The property is located c. 3.5km west of Pervolia community, 850m southeast of Kiti- Mazotos road and 300m from the beach. The asset totals 750sqm with a rectangular shape and a flat smooth surface and benefits from a road frontage of 21m. The plot is covered by all utility services (water, electricity, telecommunications). The wider area consists of scattered residential developments and undeveloped parcels of land. The property falls within touristic planning zone T2 with the following characteristics: - Hotels - Building Density 45%, Coverage 20% over 3 floors and 13.1m maximum height. - Touristic Village/Villas - Building Density 40%, Coverage 20% over 2 floors and 8.3m maximum height. - Houses - Building Density 20%, Coverage 20% over 2 floors and 8.3m maximum height.