Description
The “2025 Property 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: €348.000 - Promotion Price: €285.000
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 consists of four shops forming a single retail unit in Agios Andreas quarter within the walls of Nicosia.
The asset is located on Arsinoes Street, c. 290m west of Ledras street, c. 70 m northwest of the ‘former Holiday Inn’ hotel and c. 50m east of Paphos Gate Police station.
The asset comprises of a ground floor retail area of c.226sqm and a basement storage area of c. 220sqm. The basement has a separate entrance.
The immediate area of the property comprisises of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia.
The asset falls within planning zone Κα with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m.
Reg. No. : 5/1200, 5/1201, 5/1202, 5/1203, 5/1198
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
District |
Nicosia |
Area/Village |
Lefkosia |
Type |
Shop |
Year of Completion |
1955 |
Vat |
Vat not Applicable |
Title deed |
Yes |
Basement |
220m2 |
Store room |
Yes |