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Plot (share) - Aglantzia, Nicosia

Nicosia - Ref. PR44206Map

Field-Aglantzia-PR44206
Field-Aglantzia-PR44206
Field-Aglantzia-PR44206
Field-Aglantzia-PR44206
Field-Aglantzia-PR44206
Field-Aglantzia-PR44206
Direct Sale of Collateral
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Plot (share) - Aglantzia, Nicosia

Ref. PR44206

Subject to VAT

274,000

Reserve Price

  • 669 m2 (whole share)
  • Share for sale:


IMPORTANT NOTICE
This is a direct sale of a mortgaged property, in accordance with article 44H (3) of the Immovable Property (Transfer and Mortgage) Law of 1965, as amended from time to time.

For sale is a 4/5 undistributed share of commercial plot with an area of approximately 535 sq.m., located in the Municipality of Aglantzia in the District of Nicosia. It is located on Larnaca Avenue, approximately 400 meters southwest of the 6th Primary School of Aglantzia.

It has a rectangular shape, with a smooth flat surface, with a frontage of approximately 20 meters, and within it there is a dilapidated/abandoned ground floor residence.

It should be noted that, based on the topographical plan, the property appears to be affected by the widening of the public road along its northern boundary.

The property falls within commercial zone Εβ4 with a building density of 140%.

Tenders submitted for an Amount below the Reserve Price shall be rejected.


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

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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.

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District: Nicosia

Municipality: Aglantzia

Characteristics

  • Use: Commercial
  • Land area: 669 m2 (whole share)
  • Title deed: The property has a separate title deed

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR44206 1/441 21/1013V01 0 406
  • Planning zone: Εβ4
  • Building Coefficient: 140%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 4
  • Maximum Building Height (m): 17/14,30

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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(35.155422, 33.397556)

Seller

COOPERATIVE ASSET MANAGEMENT COMPANY LTD

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