25,497 SQM Industrial Land for sale in Kokkinotrimithia, Nicosia

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: €830.000 - Promotion Price: €625.000 This asset is comprises of four adjoining fields in Kokkinotrimithia, Nicosia. The asset is located next to the Nicosia – Troodos motorway, c. 4,5km west of Nicosia Mall, c. 2km east of Kokkinotrimithia’s secondary school and c. 3km east of Kokkinotrimithia village center. The asset has an area of 25,497sqm and benefits from road frontage along its west and north borders. The immediate area comprises of industrial and commercial developments as well as undeveloped parcels of land. The asset falls within three planning zones: -15,183sqm fall within industrial planning zone Β1 with 90% building density, 50% coverage and 2 floors. -5,088sqm fall into agricultural planning zone Γ3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8,3m -5,226sqm fall into protection planning zone Z2 with 3% building density, 3% coverage, 1 floor and a maximum height of 5m. THE PRICE MAY BE PARTIALLY SUBJECT TO VAT. Owner: Cobhan Properties Ltd Reg. No.: 0/12995 (7,049sqm), 0/13304 (9,971sqm), 0/14253 (1,807sqm), 0/17329 (6,670sqm) All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.