Description

The “New 2024 Campaign” 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: €647.500 - Promotion Price: €500.000

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 asset is a ground floor retail unit positioned on Spyrou Kyprianou Avenue, Larnaca.

The property is adjacent to Themidos street and at a distance of 600m west of the Larnaca Port round-about.

The shop comprises of an open plan retail space on the ground floor and a mezzanine. Also parking space is available on the north part of the asset and is controlled by a vehicle entry barrier.

The total area of the units is: Ground floor’s 295 sqm and mezzanine’s 152 sqm.

The property benefits from its exceptional location as it is situated on a very famous shopping are in Larnaca’s city centre.

The immediate area mainly comprises of commercial developments with multi storey buildings consisting of shops on the ground floor and offices on the upper floors.

The asset falls within a dual planning zone, commercial Eβ2 with building density coefficient 180%, coverage coefficient 50%, in 6 floors and residential Kα4 with building density coefficient 120%, coverage coefficient 50%, in 3 floors.

Reg. No. : 2/1594

EPC: Energy Class C

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