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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 04 February to 10 March 2022. 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: €167.000 - Asset of the Month Price: €135.000
FOR THE ASSET OF THE MONTH TENDER FORM CLICK HERE.
This asset is a shop on the ground floor of the mixed use building ‘’City Forum’’ in the center of Nicosia.
The asset is located on Themistokli Dervi Avenue, c.400m southwest of the Ministry of Interior, c.200m north of Spyrou Kyprianou and Themistokli Dervi Avenues junction and c. 570m southeast of Arch. Makariou and Evagorou Avenues junction.
The asset comprises of a ground floor with a total area of 44sqm, a mezzanine of c. 22sqm with a kitchen and toilet facilities, and a storage area of 5sqm in the basement. The asset enjoys the right of use of one parking space in the basement.
The immediate area of the asset is the main commercial area of Nicosia and is developed with numerous shops and office buildings. The shop is within walking distance to Makariou Avenue as well as Eleutherias square and the Old city of Nicosia.
The asset falls within the ΠΕΖ planning zone, with building density coefficient of 250%, coverage coefficient 70%, in 14 floors and a maximum height of 52m.
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
The Asset of the Month concept relates to promotional reduced prices on certain assets and are valid only for the period 04 February to 10 March 2022. 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: €167.000 - Asset of the Month Price: €135.000
FOR THE ASSET OF THE MONTH TENDER FORM CLICK HERE.
This asset is a shop on the ground floor of the mixed use building ‘’City Forum’’ in the center of Nicosia.
The asset is located on Themistokli Dervi Avenue, c.400m southwest of the Ministry of Interior, c.200m north of Spyrou Kyprianou and Themistokli Dervi Avenues junction and c. 570m southeast of Arch. Makariou and Evagorou Avenues junction.
The asset comprises of a ground floor with a total area of 44sqm, a mezzanine of c. 22sqm with a kitchen and toilet facilities, and a storage area of 5sqm in the basement. The asset enjoys the right of use of one parking space in the basement.
The immediate area of the asset is the main commercial area of Nicosia and is developed with numerous shops and office buildings. The shop is within walking distance to Makariou Avenue as well as Eleutherias square and the Old city of Nicosia.
The asset falls within the ΠΕΖ planning zone, with building density coefficient of 250%, coverage coefficient 70%, in 14 floors and a maximum height of 52m.
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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