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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 18 June to 16 July 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: €277.000 - Asset of the Month Price: €226.500 FOR THE ASSET OF THE MONTH TENDER FORM CLICK HERE. This asset is a plot in Agios Dometios, Nicosia The asset is located c. 300m north of the Nicosia racing club and 700m from the Agiou Pavlou and Demokratias Avenues junction. The asset totals 725sqm, has a rectangular shape with flat even surface and benefits from a road frontage of c. 22m along Michali Karaoli Street. The immediate area comprises of residential developments. The asset is covered by all utility services (water, electricity and telecommunication). The asset falls within residential planning zone Κα4 with 120% building density, 50% coverage, 3 floors and a maximum height of 13,5m. THE PRICE IS SUBJECT TO VAT. Reg. No. : 6/227 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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