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: €555.000 - Promotion Price: €425.000

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.

This asset is a field in Mazotos, Larnaca.

The asset is located c. 350m from the beach and 1,5km south of the centre of Mazotos village.

The asset has an area of 5,830sqm, a flat even surface and benefits from c. 192m road frontage along the Pervolia - Mazotos road.

The immediate area of the asset comprises of some touristic developments as well as undeveloped parcels of land.

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

The property falls into touristic planning zone Τ2α with the following parameters:

- For hotels 45% building density, 20% coverage, 3 floors and a maximum height of 13,1m.

- For touristic villages 40% building density, 20% coverage, 2 floors and a maximum height of 8,3m.

- For houses 20% building density, 20% coverage, 2 floors and a maximum height of 8,3m.

Reg. No. : 0/9209

THE PRICE IS SUBJECT TO VAT.

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