521 SQM Plot for sale in Nicosia Municipality, Nicosia

The “New 2024 Campaign” relate to promotional reduced prices on certain assets. Offerors will need to execute a relevant agreement within 15 working days with 25% down payment and 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: €175.000 - Promotion Price: €132.500 Interested buyers may consider funding from Bank of Cyprus under the various Housing and other loan products offered by the Bank. https://www.bankofcyprus.com.cy/en-gb/Personal/loans For more information on funding please contact: +357-22-127878 for Nicosia, +357-24-144811 for Larnaca and Famagusta and +357–25-155394 for Limassol and Paphos. The property is a plot in Panagia, Nicosia. The asset is located c. 120m northwest of Sopaz Roundabout and c. 130m north of John Kennedy Avenue. The asset has an area of 521sqm and a regular shape with a flat even surface. It benefits c. 22m road frontage along Kyrineias Street on its northeast border. The asset is covered by all utility services (water, electricity and telecommunication). The area is considered residential and mainly consists of residential buildings, houses and empty plots of land. According to the Nicosia Local Plan, the area benefits from incentives including inter alia and increasing building density from 120% to 140%. 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.: 6/284 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.