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: €410.000 - 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.

This asset consists of field in Ineia, Paphos.

The field is located c. 650m west of Droushia Heights Hotel and c. 660m north of Ineia community centre.

The asset totals c. 8,344sqm with an irregular shape and a slightly sloping surface. It benefits from c. 70m road frontage along a registered dirt road (northwest border).

The immediate area is characterized mainly by undeveloped land as it is surrounded by many similar undeveloped parcels along with some residential developments.

The asset has the potential to be covered by all utility services (electricity, water and telecommunications)

The asset falls within dual planning zone:

- c. 3,504sqm (42%) falls within residential planning zone Κα8δ with 60% building density, 35% coverage, 2 floors and a maximum height of 7m.

- c. 4,840sqm (58%) falls within residential planning zone Κα10β with 30% building density, 20% coverage, 2 floors and a maximum height of 7m.

THE PRICE IS SUBJECT TO VAT.

Reg. No.: 0/14014

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