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The Asset of the Month concept relates to promotional reduced prices on certain assets and are valid only for the period 17 September to 22 October 2021. The prices are firm and final and only offers at these fixed levels will be accepted. Offerors will need to execute a relevant agreement within 5 working days with 15% non-refundable down payment, with conclusion of the asset sale within 15 working days from signing date.
Asking Price: €104.500 - Asset of the Month Price: €87.500
FOR THE ASSET OF THE MONTH TENDER FORM CLICK HERE.
The asset is a commercial unit located on the ground floor of ‘Angelos Court’ mix use building on Spyrou Kyprianou and Papanikoli Avenues in Larnaca.
The asset is located in a prime location in Larnaca, is positioned at a distance of c.1,2km west of the Larnaca Port round-about, c.700 meters south of Antonis Papadopoulos stadium and c.40 meters north of DIY-Super Home Centre.
The asset has a ground floor surface area of 41sqm and includes a mezzanine of area c.18sqm with a kitchen and sanitary areas, and a basement of area c. 39sqm. The asset has exclusive use of one covered and one uncovered parking space.
The immediate area of the property comprises of residential and commercial developments. Spyrou Kyprianou Avenue is one of the busiest commercial roads in Larnaca.
The asset falls within three planning zones:
- Εβ2 with building density coefficient of 180%, coverage coefficient 50%, in 6 floors and a maximum height of 24m.
- Κα4 with building density coefficient of 120%, coverage coefficient 50%, in 3 floors and a maximum height of 13,50m.
- Εβ5 with building density coefficient of 120%, coverage coefficient 50%, in 3 floors and a maximum height of 13,50m.
The property is currently rented.
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 Asset of the Month concept relates to promotional reduced prices on certain assets and are valid only for the period 17 September to 22 October 2021. The prices are firm and final and only offers at these fixed levels will be accepted. Offerors will need to execute a relevant agreement within 5 working days with 15% non-refundable down payment, with conclusion of the asset sale within 15 working days from signing date.
Asking Price: €104.500 - Asset of the Month Price: €87.500
FOR THE ASSET OF THE MONTH TENDER FORM CLICK HERE.
The asset is a commercial unit located on the ground floor of ‘Angelos Court’ mix use building on Spyrou Kyprianou and Papanikoli Avenues in Larnaca.
The asset is located in a prime location in Larnaca, is positioned at a distance of c.1,2km west of the Larnaca Port round-about, c.700 meters south of Antonis Papadopoulos stadium and c.40 meters north of DIY-Super Home Centre.
The asset has a ground floor surface area of 41sqm and includes a mezzanine of area c.18sqm with a kitchen and sanitary areas, and a basement of area c. 39sqm. The asset has exclusive use of one covered and one uncovered parking space.
The immediate area of the property comprises of residential and commercial developments. Spyrou Kyprianou Avenue is one of the busiest commercial roads in Larnaca.
The asset falls within three planning zones:
- Εβ2 with building density coefficient of 180%, coverage coefficient 50%, in 6 floors and a maximum height of 24m.
- Κα4 with building density coefficient of 120%, coverage coefficient 50%, in 3 floors and a maximum height of 13,50m.
- Εβ5 with building density coefficient of 120%, coverage coefficient 50%, in 3 floors and a maximum height of 13,50m.
The property is currently rented.
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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