Field in Latsia, Nicosia

€1.680.000

For Sale

Property ID

Zone

16170

EX2, Γα4

Area

Building Density

11.288m2

80%, 10%

Field in Latsia, Nicosia

€1.680.000

For Sale

Property ID

Zone

16170

EX2, Γα4

Area

Building Density

11.288m2

80%, 10%

Description

The “5 thematic offer schemes” 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: €2.065.000 - Promotion Price: €1.680.000

This sizeable field of 11.288sqm is located in Latsia, Nicosia.

It is situated in an attractive location approximately 110m east from the GSP Stadium and 230m north from the Latsia Roundabout.

The parcel falls into dual planning zone: 7.563sqm in special development zone EX2 and 3.725sqm in agricultural zone Γα4.

It benefits from road frontage of circa 160m along Ifigeneias Street (east border) and has a smooth sloping surface.

The property has the potential to be covered by all the utility services (water, electricity and telecommunication).

The immediate area is characterised by mid – high specification detached houses as well as blocks of flats, unutilised land plots and the Nuevo Campo (futsal pitch).

The wider area is mainly characterised by industrial developments.

The field is zoned as both EX2 (special development) with 80% building density, 45% coverage, 2 floors and a maximum height of 10m and Γα4 (agricultural) with 10% building density, 10% coverage, 2 floors and a maximum height of 7m.

Ownership through BoC SPV: Bonsova Properties Limited

Reg. No. : 0/9845

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

District Nicosia
Area/Village Latsia
Type Field
Vat Vat not Applicable
Title deed Yes
Coverage ratio 45%, 10%
Max floors 2, 2
Max height 10,00, 7,00 m
Sheet 30
Plan 14E2
Plot 1236
Block 03

Location

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