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: €522.500 - Promotion Price: €355.000

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 commercial building in Agios Savvas, within the walls of Nicosia.

The asset is adjacent to Aristidou and Thrakis Streets, c. 260m east of Ledras street, c. 100m northwest of ‘OXI’ roundabout and c. 300m northeast of Eleftherias Square.

The asset comprises of:
-Three shops on the ground floor with a total area of 297sqm.
-An office of 285sqm on the first floor.
-An office of 248sqm on the second floor.
-An incomplete third floor of 162sqm.

Access to the floors is provided via a staircase, while there is also a commercial elevator connecting the ground floor with the second floor office.

The immediate area of the property comprises of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia.

The asset falls within commercial planning zone ΠΕΖ-Εντός, with building density coefficient of 180%, coverage coefficient 70%, in 3 floors and a maximum height of 11,5m.

Reg. No. : 1/695, 1/673

EPC: Energy Class C for the ground floor and Energy Class D for the first, second and third floors.

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