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: €1.190.000 - Promotion Price: €850.000

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 property is a large rectangular plot covering an area of 2471sqm in Agios Vasilios area in Strovolos Municipality, Nicosia district. It is located circa 300m east of Kantaras Street and circa 50m west of Tseriou Avenue.

The plot has an even flat surface and benefits from road frontage of ca. 16m on its northwest boundary with Sarafis street and ca. 11m on its southeast boundary with Myrtiotissa street. The property is covered by water supply, electricity and telecommunication services.

The immediate area consists of middle class residential units and apartment blocks, as well as many commercial developments along Kantaras street and Tseriou Avenue. The asset offers great accessibility towards the Nicosia city centre and other neighbouring areas. The nearby area has experienced an increased development activity in the past years and is considered as well developed.

The asset falls within the Residential Planning Zone Κα5, with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and 13.5 metres height.

THE PRICE IS SUBJECT TO VAT.

Reg. No. : 7/2105

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