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Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.35
Density: 0.6
Height: 10 meters
Allowed stories: 2
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Commercial: 0.2 Km
Tourist: 31.63 Km
Industrial: 0.94 Km
Agricultural: 0.72 Km
Farm: 5.12 Km
The “New Spring Land Offers” 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: €230.000 - Promotion Price: €175.000 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 asset is located in Apostolos Varnavas & Agios Makarios area of Strovolos Municipality, Nicosia. The plot is located ca. 1.3km south-west of the GSP stadium and 1.5km west of the Nicosia-Limassol motorway. The plot has a regular shape and a flat even surface with an area of 557 sqm. The plot has road frontage on Ferekrati Street (20m) and is adjacent to a pathway and an EAC substation along its south border. The surrounding area consists of newly divided plots and is popular for upper class residential houses. It also benefits from easy access to the Nicosia-Limassol motorway and good accessibility to the Nicosia city centre. The asset is covered by all utility services (i.e. electricity, water and telecommunications) The property falls within residential zone Kα8 with 60% building density, 35% coverage, 2 floors and a maximum height of 10m. THE PRICE IS SUBJECT TO VAT. Reg. No. : 11/914 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
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