Description

The “New Plot 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: €880.000 - 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 plot with advantageous commercial zoning is located in the Chryseleousa Area in Strovolos, Nicosia.

It is well located circa 40m south-west from the junction of Strovolou and Athalassas Avenues.

The asset has a ‘Γ’ shape with a flat even surface and frontage of circa 22m along Strovolos Avenue and circa 45m along Strovolos Pediaios Linear Park.

The asset has a total area of 1.530 sqm of which BoC owns 50% or 765 sqm.

The asset has excellent visibility from Strovolos Avenue.

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

The surrounding area consists of residential and commercial buildings.

Assets in this area benefit from very good accessibility towards Nicosia city centre. Strovolos Avenue is considered to be one of the most sought after places for commercial developments in Strovolos.

The property is zoned Eβ3 (commercial) with 160% building density, 50% coverage, 6 floors and a maximum height of 24m.

Ownership held: 50% (765sqm of 1,530sqm)

THE PRICE IS SUBJECT TO VAT.

Reg. No. : 3/547

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