Description

The “New Spring Land 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: €485.000 - Promotion Price: €345.000

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 Agios Theodoros community in Larnaca district.

It is located c. 350m north from the Mazotos - Agios Theodoros road and 400m north from the beach.

The asset has a rather irregular shape, totals 7,135sqm and offers partial sea view

It benefits from c. 4m meters road frontage along a road which is in the process to be registered (northeast border)

The property has the potential to be covered by water, electricity and telecommunication services

The wider area features sporadic residential development s empty fields utilized for agricultural purposes, mostly for dry cultivations, orchards and greenhouses. Asset is easily accessible via Limassol - Larnaca and Larnaca - Nicosia motorway.

The property is zoned as T3β (touristic) with this parameters:
- Hotels: 30% building density, 20% coverage, 3 floors and a maximum height of 13.1m
- Touristic villages: 25% building density, 20% coverage, 2 floors and a maximum height of 8.3m
- Houses: 20% building density, 20% coverage, 2 floors and a maximum height of 8.3m .


THE PRICE IS SUBJECT TO VAT.

Reg. No. : 0/28737

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