Description

The “5 thematic offer schemes” 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: €1.060.000 - Promotion Price: €840.000

This asset comprises of a commercial and a residential plot in Aglantzia, Nicosia.

The asset adjacent to Larnacos Avenue on its south border and Souliou Street on its north border, 1,3km east of University of Cyprus.

The asset has a total area of 1,108sqm, has a regular shape with a flat even surface and benefits from a road frontage of c. 23m along Larnacos Avenue and from c. 22m along the Souliou Street.

The immediate area comprises of commercial developments along Larnacos Avenue and residential developments in the side streets. The area enjoys easy access towards Nicosia city centre.

The asset is covered by all utility services (water, electricity and telecommunication).

The asset falls within two planning zones

-the plot with Reg. No. 2/6656 falls within commercial planning zone Eβ3 with 160% building density, 50% coverage, 6 floors and a maximum height of 24m.

-the plot with Reg. No. 2/6655 falls within the residential planning zone Κα4 with 120% building density, 50% coverage, 3 floors and a maximum height of 13,5m.

THE PRICE IS SUBJECT TO VAT.

Owner Jobergo Properties Ltd

Reg. No. : 2/6655 (550sqm), 2/6656 (558sqm)

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