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: €971.000 - Promotion Price: €770.000

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 Psematismenos, Larnaca.

The field is located c. 220m north of the sea, 1km northeast of the Zygi fishing shelter and 3,6km south of the centre of the village.

The asset has an area of 16,194sqm, an irregular shape with a flat even surface and benefits from road frontage of 155m along the Zygi - Kiti road on its south border and 60m along its north border.

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

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

The property falls into residential planning zone Τ3β with following characteristics:

- Hotels: 30% building density, 20% coverage, 3 floors and a maximum height of 13,1m.

- Touristic village/villas: 25% building density, 20% coverage, 2 floors and a maximum height of 8,3m.

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

THE PRICE IS SUBJECT TO VAT.

Reg. No. : 0/12497

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