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: €560.000 - 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 Softades village, Larnaca.

The field is located c. 500m southwest of the Kiti – Mazotos road and 600m northwest of the sea.

The asset has an area of 6,707sqm, a trapezium shape with a flat even surface and benefits from road frontage of c. 87m along Mazotos-Pervolia road (southeast border) and 108m along its north west border.

The immediate area of the asset comprises of residential developments and undeveloped parcels of land.

The property is covered by all essential services (electricity, water and telecommunications).

The property falls into two residential planning zones
-Γ3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8,3m .
-Τ2α with 45% building density, 20% coverage, 3 floors and a maximum height of 13,1m for Hotels, 40% building density, 20% coverage, 2 floors and a maximum height of 8,3m for Touristic village/villas and 20% building density, 20% coverage, 2 floors and a maximum height of 8,3m for Houses.

THE PRICE IS SUBJECT TO VAT.

Reg. No. :  0/2305

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