Description

The “New Summer Offers scheme” relate to promotional reduced prices on certain assets. Offerors will need to execute a relevant agreement within 15 working days with 25% down payment, 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: €250.000 - Promotion Price: €155.000

The subject property is a field with a total area of 5.017 m2 falling within the boundaries of Mazotos village. It is located approximately 20 km south-west of Larnaca. As it is located 600 metres north-west of the village core, the property has great accessibility to the coastal road linking Meneou, Kitiou, Mazotou and Zigiou.

The land has an uneven shape with rather a flat surface. It is land locked with no road access and with the nearest registered dirt road being approximately 100 metres north.

The property falls within Residential Planning Zone H3 with a 60% building density coefficient and a 35% coverage coefficient over 2 floors and 8,30 metres height.

Mazotos is a small and charming village approximately 20 km south-west of Larnaca. Despite its small size the community numbers around 2.000 inhabitants with a substantial number of expatriates enjoying the quiet rhythm of the village on a permanent basis as retirees.

The village features residential and holiday use developments, the latter being holiday homes. A significant number of the inhabitants are still involved in agriculture and the traditional way of life.

THE PRICE IS SUBJECT TO VAT.

Reg. No. : 0/6287

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