Description

The “2025 Property Offers” relate to promotional reduced prices on certain assets. Offerors will need to execute a relevant agreement within 15 working days with 25% down payment and with conclusion of the asset sale within 21 working days from signing date. The prices are firm and final and only offers at these fixed levels will be accepted.

Asking Price: €730.000 - Promotion Price: €590.000

Interested buyers may consider funding from Bank of Cyprus under the various Housing and other loan products offered by the Bank.

https://www.bankofcyprus.com.cy/en-gb/Personal/loans

For more information on funding please contact: +357-22-127878 for Nicosia, +357-24-144811 for Larnaca and Famagusta and +357–25-155394 for Limassol and Paphos.

This field totaling 900 sqm with attractive commercial zoning is located in the Agios Mamas Area in Lakatamia, Nicosia.

It is situated adjacent to the Metro Roundabout and Strovolou Avenue.

The asset has a rectangular shape with a flat even surface and it has a frontage of circa 55m along Strovolou Avenue.

The asset can be accessed from its west border with Lapithou Road with a frontage of circa 28m.

The asset has a total area of 900 sqm of which circa 834 sqm falls within commercial zone Eβ3 and circa 66 sqm falls within commercial zone Εβ4.

The immediate area consists of commercial buildings with showrooms on the ground floors and apartments/offices on the upper floors.

Assets in this area benefit from very good accessibility towards Nicosia city centre and towards the main municipalities of the city.

The property is zoned as both Eβ3 (commercial) with 160% building density, 50% coverage, 6 floors and a maximum height of 24m and Eβ4 (commercial) with 140% building density, 50% coverage, 4 floors and a maximum height of 17m.

THE PRICE IS SUBJECT TO VAT.

Reg. No. : 0/7231

All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

Additional Details