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: €450.000 - Promotion Price: €355.000

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 a plot located in Panagia area, in Nicosia Municipality, in Nicosia district.

The plot is located 390m northeast of Larnacos avenue and 320m southeast of the ‘BMH’ military base.

The property has an area of 868sqm and benefits from c. 35 m road frontage along Ipirou and Kalogrias Streets. The plot has a rather irregular shape and a flat even surface.

The immediate area comprises of residential developments, undeveloped plots of land as well as commercial developments such as showrooms and office buildings. The area benefits from very good accessibility towards Nicosia city centre.

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

The property falls within residential planning zone Κα3 with 140% building density, 50% coverage, 4 floors and a maximum height of 17/14.3m.

THE PRICE IS SUBJECT TO VAT.

Reg. No. : 5/3026

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