Description

The Asset of the Month concept relates to promotional reduced prices on certain assets and are valid only for the period 21 May to 30 June 2020. The prices are firm and final and only offers at these fixed levels will be accepted. Offerors will need to execute a relevant agreement within 5 working days with 15% non-refundable down payment, with conclusion of the asset sale within 15 working days from signing date.

Asking Price: €65.000 - Asset of the Month Price: €49.250

A residential plot with a total area of 715sqm in Moniatis Village, Limassol. It is adjacent to a public road on its northern boundary, at a distance of 950 meters north-east of the Limmasol – Platres main road and 750 meters north of the Saitas Dam.

The property has a rather rectangular shape with a total frontage of 28 meters. Its surface is uneven with pine trees. It is noted that the property is at a higher level than the adjacent plots and it enjoys uninterrupted views.

The property falls within the Residential Planning Zone H5α with a building density coefficient of 35% and a coverage coefficient of 20% over 2 floors and 8.30 meters height. Based on the fact that the asset has been divided into plots prior to the 1.12.1990, the building density of the asset raises from 35% to 60% and the maximum coverage from 20% to 35%.

The property is in a forested area in Moniatis where a limited number of residential developments, mainly holiday houses and villas, can be observed. .

The property has good accessibility to the surrounding areas.

The property is covered by all essential services (electricity, water and telecommunications).

THE PRICE IS SUBJECT TO VAT.

Reg. No. : 0/4831

Asset of the Month Tender Form

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 Limassol
Area/Village Moniatis
Type Plot
Vat Plus Vat
Title deed Yes
Coverage ratio 35%
Max floors 2
Max height 8,30 m
Sheet 47
Plan 21W1
Plot 144
Block 02

Location

Tender Form

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