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This asset is a 1/5 share of field in Lympia, Nicosia.
The asset is located c. 1,3km southeast of Lympia and c. 700m north of Nicosia – Limassol motorway.
The asset has an area of c. 2,676sqm (1/5 share of 13,378sqm) and benefits from c. 186m frontage along a registered footpath along its north and east borders. There in no distribution agreement in place.
The immediate area comprises of undeveloped parcels of land as well as some scattered residential developments.
The asset falls within residential planning zone Kα8 with 60% building density, 35% coverage, 2 floors and a maximum height of 10m.
THE PRICE IS SUBJECT TO VAT.
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
This asset is a 1/5 share of field in Lympia, Nicosia.
The asset is located c. 1,3km southeast of Lympia and c. 700m north of Nicosia – Limassol motorway.
The asset has an area of c. 2,676sqm (1/5 share of 13,378sqm) and benefits from c. 186m frontage along a registered footpath along its north and east borders. There in no distribution agreement in place.
The immediate area comprises of undeveloped parcels of land as well as some scattered residential developments.
The asset falls within residential planning zone Kα8 with 60% building density, 35% coverage, 2 floors and a maximum height of 10m.
THE PRICE IS SUBJECT TO VAT.
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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