Description

The Asset of the Month concept relates to promotional reduced prices on certain assets and are valid only for the period 21 May to 30 June 2020. The prices are firm and final and only offers at these fixed levels will be accepted. Offerors will need to execute a relevant agreement within 5 working days with 15% non-refundable down payment, with conclusion of the asset sale within 15 working days from signing date.

Asking Price: €55.000 - Asset of the Month Price: €47.250

This asset is a plot in Skarinou, Larnaca.

The plot is located c. 700m north of the Nicosia - Limassol motorway.

The asset totals 657sqm and benefits from c. 20m road frontage along its east border. It has a rectangular shape and a sloping surface.

The immediate area comprises of residential developments as well as undeveloped parcels of land. The plot benefits from easy access to the Nicosia - Limassol motorway.

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

The plot falls within residential planning zone H3 with 60% building density, 35% coverage, 2 floors and a maximum height of 8.3m.

THE PRICE IS SUBJECT TO VAT.

Reg. No. : 0/17208

Asset of the Month Tender Form

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 Larnaca
Area/Village Skarinou
Type Plot
Vat Plus Vat
Title deed Yes
Coverage ratio 35%
Max floors 2
Max height 8,30 m
Sheet 49
Plan 46
Plot 973
Block 00

Location

Tender Form

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