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Commercial Building - Kapedes, Nicosia

Nicosia - Ref. PR38689Map

Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Commercial building-Kapedes-PR38689
Altamira Design
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Commercial Building - Kapedes, Nicosia

Ref. PR38689

Not subject to VAT

370,000

Indicative Price

  • 795 m2
  • 4,435 m2 Land
  • 2 Bathrooms

Services and facilities

  • Parking
  • G.Optional
  • Swimming pool
  • Air condition
  • Lift
  • Heating
  • Garden
  • Storage room

Concept Design

Ground floor building in residential area, in Kapedes community of Nicosia District. It is located at a distance of about 555 meters southwest from Kapedes Primary School on the connecting road Kapedes - Monastery of Machairas.

It has an irregular shape and adjoins a public registered road along its northwestern border with a total face of about 70 meters.

The building was erected around the year 1994 and consists of an open plan area and a kitchen area. Outside there is a yard and fencing.

The area of the interior spaces amounts to 795 sq.m. (approx) and the land area is 4.435sq.m.

The building is vacant and is an ideal choice for investment.

The Altamira team has made a preliminary design (3D Render) for the prospective development/conversion of the existing building. According to the design, the proposed building can be a restaurant, a banqueting center or even a residence.


THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED

The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).

- - - - - - - - - - -

The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate.

The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer. 

Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.

All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Real Estate is not bound to accept the highest or any other offer submitted. 

The above price may be modified without any prior notice.

All information received from Altamira Real Estate (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.

 - - - - - - - - - - - - -

District: Nicosia

Municipality: Kapedes

Characteristics

  • Year built: 1994
  • Title deed: The property has a separate title deed

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR38689 0/10292 39/26 0 1062
  • Planning zone: Η3
  • Building Coefficient: 60%
  • Coverage Coefficient: 35%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 8,30

Tender Form

The Tenderers may submit their Tenders within seven (7) calendar days from the publication date displayed on https://www.altamirarealestate.com.cy/ (hereinafter "Altamira Website"). In the case where it is decided that the period of seven (7) calendar days is not sufficient, the period may be extended by an announcement to that effect on Altamira Website as indicated above within the Tender Form Section of each property. Following the expiration of the submission period, if no Tender has been submitted, the property will remain on Altamira Website and the submission period shall be extended on a weekly basis. Otherwise, in the case where a Tender has been received, the property will be removed from Altamira Website.

Location

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(34.97200393676758, 33.248653411865234)

Energy Category

energy rating

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD

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