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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: €1.900.000 - Promotion Price: €1.150.000 This asset consists of two adjacent plots in Dasoupoli, Nicosia. The asset is located on Athalassas Avenue, c. 150m east of the Iosif Hadjiosif, Akropoleos and Athalassas Avenues traffic lights junction. The asset has a total area of 1,056sqm and benefits from a road frontage of 22m along Athalassas Avenue and 22m along Pentelis Street. Along its west border it abuts a public green area. The immediate area of the property comprises of commercial developments along Athalassas Avenue as well as residential developments in the side streets. The area enjoys easy access to Nicosia city centre and the Nicosia - Limassol motorway. The asset falls within two planning zones: - 10/2607 (489sqm) falls within Εβ3 with 160% building density, 50% coverage, 6 floors and a maximum height of 24/20,4m. - 10/2605 (567sqm) falls within Κα4 with 120% building density, 50% coverage, 3 floors and a maximum height of 13,5/11,3m. Owner: Ramendi Properties Ltd Reg. No. : 10/2605, 10/2607 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
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