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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: €125.000 - Asset of the Month Price: €102.500 FOR THE ASSET OF THE MONTH TENDER FORM CLICK HERE. The property is a plot located in Vlachos area in Aradippou Municipality, Larnaca. The plot is located c.500m northeast of the Krassa traffic lights, 1.3km northeast of the Kalo Chorio roundabout and 2km west of the GSZ stadium. The property has an area of 553sqm and benefits from c.20m road frontage along a registered public asphalted road. The plot has a rather rectangular shape and a smooth sloping surface. The immediate area comprises of high quality residential developments, detached houses as well as undeveloped parcels of land. The property is covered by all the utility services (water, electricity and telecommunication). The property falls within residential planning zone Κα5 with 100% building density, 50% coverage, 3 floors and a maximum height of 13.5m. THE PRICE IS SUBJECT TO VAT. Reg. No. : 0/2285 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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