Description

The “New 2024 Campaign” 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: €610.000 - Promotion Price: €495.000

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 is a commercial space formerly used as a restaurant in Makedonitissa, Nicosia.

The asset is adjacent to Hadjigeorgaki Kornesiou Street, c. 70m north of the Cyprus Expo, c. 700m north of Makario Stadium and c. 185 west of Ilia Papakyriakou Avenue.

The asset comprises of a 272sqm ground floor consisting of an open plan dining area, kitchen and storeroom and a 253sqm basement that consists of parking spaces, storeroom, toilets and staff locker room. In the basement, there is also a 54sqm auxiliary space. Access to the basement is via an internal staircase and an external ramp.

The immediate area of the asset comprises of residential developments and numerous commercial developments.

The asset falls within residential planning zone Κα5 with building density coefficient of 100%, coverage coefficient of 50%, in 3 floors and a maximum height of 13,5m.

Reg. No.: 4/2362

EPC: Energy Class C

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