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Pay in USD and save up to $4,703The asset is a single storey listed house in Nempetchane, Nicosia. The house is adjacent to Perikleous and Palaion Patron Germanou Streets, c. 320m north of Eleftherias square, c. 165m west of Faneromeni church and c. 80m west of Ledras street. The asset has a land area of 167sqm. The house is a traditional building, constructed with stone and mud clay bricks and has partially collapsed. The facade and two arches remained intact. Potential buyers can claim a subsidy for restoring the structure and can transfer any unexhausted building density. The immediate area of the property is within the old city walls of Nicosia comprising of listed buildings of residential and commercial use and is the traditional commercial center of Nicosia. The asset falls within planning zone Kα-α, with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m height. Reg. No.: 0/15220 EPC: Pending Energy Certificate 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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