Description

The “Black Friday Comes Early” 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: €340.000 - Promotion Price: €265.000

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 field with sea views located in the outskirts of Alaminos, Larnaca.

The asset is located c. 30m north of the Mazotos - Zygi road, 740m north of the beach and 1.4 km northeast of the Aldiana hotel.

The parcel has a rectangular shape and a flat even surface with an area of 5,686 sqm. It benefits from a Right of Way of 4,57m from adjacent parcels.

The immediate area comprises of agricultural land with cultivated fields and scattered residential and touristic developments.

The property has the potential to be covered by utility services (water, electricity and telecommunication).

The property falls within touristic zone T3β with the following parameters:

- For hotels: 30% building density, 20% coverage, 3 floors and a maximum height of 13.1m

- For touristic village: 25% building density, 20% coverage, 2 floors and a maximum height of 8.3m

- For houses: 20% building density, 20% coverage, 2 floors and a maximum height of 8.3m for houses.

THE PRICE IS SUBJECT TO VAT.

Reg. No. : 0/7585

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