Description

The “2025 Property 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: €2.065.000 - Promotion Price: €1.500.000

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 sizeable field of 11.288sqm is located in Latsia, Nicosia.

It is situated in an attractive location approximately 110m east from the GSP Stadium and 230m north from the Latsia Roundabout.

The parcel falls into dual planning zone: 7.563sqm in special development zone EX2 and 3.725sqm in agricultural zone Γα4.

It benefits from road frontage of circa 160m along Ifigeneias Street (east border) and has a smooth sloping surface.

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

The immediate area is characterised by mid – high specification detached houses as well as blocks of flats, unutilised land plots and the Nuevo Campo (futsal pitch).

The wider area is mainly characterised by industrial developments.

The field is zoned as both EX2 (special development) with 80% building density, 45% coverage, 2 floors and a maximum height of 10m and Γα4 (agricultural) with 10% building density, 10% coverage, 2 floors and a maximum height of 7m.

Ownership through BoC SPV: Bonsova Properties Limited

Reg. No. : 0/9845

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