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Field - Latsia, Nicosia

Nicosia - Ref. PR41220Map

Field-Latsia-PR41220
Field-Latsia-PR41220
Field-Latsia-PR41220
Field-Latsia-PR41220
Field-Latsia-PR41220
Field-Latsia-PR41220
Field-Latsia-PR41220
Field-Latsia-PR41220
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Field - Latsia, Nicosia

Ref. PR41220

Subject to VAT

790,000

Indicative Price

  • 6,067 m2 (whole share)

Field in Agios Georgios Quarter in Latsia Municipality, In Nicosia District, approximately 155 meters (approx.) south of the “Lemon Park” and 100 meters (approx.) west of Nicosia-Limassol motorway.

The property enjoys excellent access to the city of Nicosia, the Municipality center and to all necessary amenities and services.

The property has a rectangular shape with an even surface, it abuts a registered road on its northwestern boundary with a frontage of approximately 50 meters. It is worth noting that the property abuts a government land .

Within the property there is a ground floor house and an incomplete upper floor house. The ground floor house was constructed in 1992. The area of the internal spaces is 260 sqm (approx.), the covered verandas 61 sqm (approx.) and the basement 42 sqm (approx.).

The upper floor house remains incomplete. The completed construction works include the construction of the structure and the roof. The area of the upper floor house is 160 sqm (approx.).

The house was built on a field of approximately 6.067 sq.m. and it falls within the Special Use Zone EX2 with a building density of 80%. The above planning zone allows the construction of offices, sports facilities, leisure/entertainment facilities, showrooms and other specialized developments. Residential development and plot separation are also allowed.

It is noted that the house is placed on the southeastern part of the field leaving the northwestern part empty for future developments.


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: Latsia

Quarter: Agios Georgios

Characteristics

  • Use: Commercial
  • Land area: 6,067 m2 (whole share)
  • Title deed: The property has a separate title deed

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR41220 3/609 30/22E1 3 541
  • Planning zone: ΕΧ2
  • Building Coefficient: See Description/Βλέπε Περιγραφή
  • Coverage Coefficient: See Description/Βλέπε Περιγραφή
  • Maximum Floors Allowed: See Description/Βλέπε Περιγραφή
  • Maximum Building Height (m): See Description/Βλέπε Περιγραφή

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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(35.10601043701172, 33.366241455078125)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD