Description
The “New 2024 Campaign” 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: €127.000 - Promotion Price: €98.000
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.
The asset is a single storey listed house in Nempetchane, Nicosia.
The house is adjacent to Perikleous and Palaion Patron Germanou Streets, c. 320m north of Eleftherias square, c. 165m west of Faneromeni church and c. 80m west of Ledras street.
The asset has a land area of 167sqm. The house is a traditional building, constructed with stone and mud clay bricks and has partially collapsed. The facade and two arches remained intact. Potential buyers can claim a subsidy for restoring the structure and can transfer any unexhausted building density.
The immediate area of the property is within the old city walls of Nicosia comprising of listed buildings of residential and commercial use and is the traditional commercial center of Nicosia.
The asset falls within planning zone Kα-α, with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m height.
Reg. No.: 0/15220
EPC: Not Applicable
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 |
House |
Vat |
Vat not Applicable |
Title deed |
Yes |
Furnish |
Unfurnished |