Incomplete Residential Development in Kokkinotrimithia, Nicosia

The asset comprises of nine incomplete houses and an adjacent under division plot in Kokkinotrimithia, Nicosia. The asset is adjacent to Charalampou Zintili Street, c. 230m north of Gregori Afxentiou Avenue and c. 315m southwest of Kokkinotrimithia’s primary school. According to the plans the nine houses will consist of an open plan kitchen dining/living room and a guest toilet on the ground floor and three bedrooms (one of which is en-suite) and a bathroom on the first floor. The total land area of 3,377sqm. The immediate area of the property comprises of residential developments that enjoys great accessibility towards Nicosia. The asset falls within planning zone H2, with building density coefficient of 90%, coverage coefficient 50%, in 2 floors and a maximum height of 8,3m height. THE PRICE IS SUBJECT TO VAT. No.: 0/14232 EPC: Not Applicable All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice