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The property consists of 6 plots and 2 fields (Reg. No 9/130 and 9/522) located in Vlachos area in the Ap. Loukas area in Aradippou, Larnaca.
It is located circa 20m from the Aradippou Kindergarten, 400m from the Rizoeleia Roundabout and 415m east from Akropoleos Avenue.
Within the assets with Reg. No 9/130, 9/429 and 9/430 there is a mature building, which was used in the past as a ballroom.
The property captures a total area of 13.493 sqm and benefits from road frontage of 35m along Athinon Avenue.
It falls into a residential planning zone (Kα5) and parcels with Reg. Nos 9/130, 9/429, 9/430 & 9/522 fall into the local commercial area (TEK).
The asset is covered by utility services (water, electricity and telecommunication).
The immediate area is characterised by mid to high specification residential developments as well as amenities such as supermarkets and nurseries/schools.
The property is zoned as Kα5 (residential) with 100% building density, 50% coverage, 3 floors and a maximum height of 13,5m.
Owning SPV: Steparco Properties Limited
, 9/126, 9/127, 9/130, 9/429, 9/430, 9/460, 9/522
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
The property consists of 6 plots and 2 fields (Reg. No 9/130 and 9/522) located in Vlachos area in the Ap. Loukas area in Aradippou, Larnaca.
It is located circa 20m from the Aradippou Kindergarten, 400m from the Rizoeleia Roundabout and 415m east from Akropoleos Avenue.
Within the assets with Reg. No 9/130, 9/429 and 9/430 there is a mature building, which was used in the past as a ballroom.
The property captures a total area of 13.493 sqm and benefits from road frontage of 35m along Athinon Avenue.
It falls into a residential planning zone (Kα5) and parcels with Reg. Nos 9/130, 9/429, 9/430 & 9/522 fall into the local commercial area (TEK).
The asset is covered by utility services (water, electricity and telecommunication).
The immediate area is characterised by mid to high specification residential developments as well as amenities such as supermarkets and nurseries/schools.
The property is zoned as Kα5 (residential) with 100% building density, 50% coverage, 3 floors and a maximum height of 13,5m.
Owning SPV: Steparco Properties Limited
, 9/126, 9/127, 9/130, 9/429, 9/430, 9/460, 9/522
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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