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: €800.000 - Promotion Price: €650.000

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 Sotira, Famagusta.

The asset is located c. 400m northwest Agia Thekla beachfront and c. 2km west of Ayia Napa Marina.

The asset has an area of 6,814sqm. The field will acquire road access once the land division of the adjacent plots is completed.

The immediate area comprises of touristic developments as well as undeveloped parcels of land.

The property falls into touristic planning zone T2β with the following characteristics:

- Hotels: 40% building density, 25% coverage, 3 floors and a maximum height of 13,5m.

- Touristic village/villas: 35% building density, 25% coverage, 2 floors and a maximum height of 10m.

- Houses: 20% building density, 20% coverage, 2 floors and a maximum height of 10m.

THE PRICE IS SUBJECT TO VAT.

Reg. No.: 0/4400

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