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: €1.465.000 - Promotion Price: €725.000

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 comprises of a field and a share of two adjacent fields in Pegeia, Paphos.

The asset is located c. 1,4km northwest of Mavrokolimpos dam, 400m northeast of Pegeia – Akoursos road and c. 1,7km northeast of the sea.

The asset has an area of c. 27,828sqm (14,382sqm, 11/103 share of 34,560sqm and 7/12 share of 16,723sqm). It benefits from a total frontage of c. 665m along registered footpaths on its north, northeast and south borders. No distribution agreement is in place.

The immediate area comprises of agricultural as well as undeveloped parcels of land.

The three fields falls within three planning zones:

-41,446sqm fall into agricultural zone Γ3 with 10% building density, 10% coverage, in 2 floors and a maximum height of 8,3m.

-20,763sqm fall into residential zone Π3α with 25% building density, 25% coverage, in 2 floors and a maximum height of 8,3m.

-3,456sqm protection zone Z3 with 1% building density, 1% coverage, in 1 floor and a maximum height of 5m.

THE PRICE IS SUBJECT TO VAT.

Reg. No.: 0/43380 (14,382sqm), 0/39696 (11/103 share of 34,560sqm), 0/39726 (7/12 share of 16,723sqm)

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