Description

The “New Summer Offers scheme” relate to promotional reduced prices on certain assets. Offerors will need to execute a relevant agreement within 15 working days with 25% down payment, 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: €1.745.500 - Promotion Price: €985.000

Two buildings of total covered area 2.994 sqm located in Paliometocho.

The first building is of total area 1.804 sqm and it is situated on the main road of Kokkinotrimithia- Agioi Trimithias. It comprises of a ground floor with mezzanine and 4 apartments on the first floor.

The ground floor area is around 811 sqm and comprises of an open plan area with 3 WC’s and a warehouse. Its mezzanine is of approximately total area of 300 sqm and consists of an open plan, two office rooms and two toilets. The 4 apartments on the first floor have a total area of 693 sqm.

The second building is a three storey building and is situated at the back of the first building. It comprises of a basement, a warehouse on ground floor and apartments on the floor which are still under construction. The ground floor and first floor are approximately of total area of 390 sqm each. The basement is approximately of total area of 410 sqm.

The properties with reg. no’s 0/17791 & 0/27051 are empty fields and fall within the planning zone H3 (Housing Zone) with maximum building density coefficient 60%, coverage coefficient 35% in 2 floors and 8,30 meters height.

Owner: Cranmer Properties Ltd

Reg. No.: 0/31494, 0/31495, 0/17791, 0/27051

EPC: Not Applicable

All urban features must be checked with the proper authorities. The Bank has the right to review selling prices without any prior notice.

Additional Details