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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 18 June to 16 July 2021. 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: €111.500 - Asset of the Month Price: €81.500 FOR THE ASSET OF THE MONTH TENDER FORM CLICK HERE. This asset is a three-bedroom house in Panagia, Nicosia. The asset is adjacent to Trikomou Street, 245m south of John Kennedy Avenue and 630m southwest of the “Sopaz” Roundabout. The asset has an area of 113sqm and is considered to be obsolete and of low economic value. The land area is 224sqm. The wider area of the property comprises of residential developments and enjoys great accessibility towards Nicosia city centre due to its proximity to John Kennedy Avenue. The asset falls within planning zone Κα6, with building density coefficient of 90%, coverage coefficient of 50%, in 2 floors and a maximum height of 8,3m. Reg. No. : 0/8305 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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