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: €656.000 - Promotion Price: €515.000

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.

The property is located in the Agia Paraskevi Area in Lakatamia, Nicosia.

It is located approximately 1,6km south of the Tseri Roundabout, 600m east from the Lakatamia Airfield and 200m northeast from Theofilou Georgiades Street.

The field has a rather elongated rectangular shape and a flat even surface.

The field totals 6.689 sqm of which 4.615 sqm falls under the ownership of BoC (distribution agreement in place).

The area owned by BoC benefits from road frontage of 32m along its west border.

The immediate area is considered to be a residential area with detached and semi-detached houses of mid-high specification as well as significant levels of division of land into plots.

Assets in this area benefit from easy access to the Nicosia city centre and other neighborhoods.

The property is zoned as both Κα7 (residential) with 80% building density, 45% coverage, 2 floors and a maximum height of 10m and Δα2 (protected) with 1% building density, 1% coverage, 1 floors and a maximum height of 5,5m.

Ownership held by BoC: 4.615 sqm of 6.689 sqm (69%)

THE PRICE IS SUBJECT TO VAT.

Reg. No : 6/306

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