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Field - Latsia, Nicosia

Nicosia - Ref. PR41454Map

Field-Latsia-PR41454
Field-Latsia-PR41454
Field-Latsia-PR41454
Field-Latsia-PR41454
Field-Latsia-PR41454
Field-Latsia-PR41454
Field-Latsia-PR41454
Field-Latsia-PR41454
Field-Latsia-PR41454
Field-Latsia-PR41454
Field-Latsia-PR41454
Field-Latsia-PR41454
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Field - Latsia, Nicosia

Ref. PR41454

Maybe subject to VAT

2,200,000

Reserve Price

  • 5,630 m2 (whole share)

Commercial field in a popular location in Agios Georgios Quarter, Latsia Municipality, Nicosia District.

It abuts onto Latsia High School on the east boundary and onto Lidl Supermarket along its northen boundary.

The property is ideally situated close to a plethora of amenities and services such as supermarkets, schools, shops, restaurants etc. In addition, it enjoys good access to the motorway.

The field has an irregular shape and an even surface. It is abuts on a register asphalt road (Giannou Kranidioti Avenue) along its west boundary with a total frontage of 85 meters.  

It is noted that the property is subjected to compulsory acquisition on its western part and is adjucent to goverment land onto its northen boundary. 

The field area is about 5,360sq.m. and falls within the Εβ4 commercial zone which proposes the development of a two-story building with a building factor of 140%.

It is considered an ideal choice for a land developer.

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: Latsia

Quarter: Agios Georgios

Characteristics

  • Use: Commercial
  • Land area: 5,630 m2 (whole share)
  • Title deed: The property has a separate title deed

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR41454 0/7016 30/15W2 2 3681
  • Planning zone: Αα4 1
  • Building Coefficient: 50%
  • Coverage Coefficient: 30%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): -
  • Planning zone: Εβ4 99
  • Building Coefficient: 140%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 4
  • Maximum Building Height (m): 17

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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(35.1109733581543, 33.3778076171875)