Available for sale is the 737/2007 undivided share of a field within ΕΠ6 town planning zone (Mixed industrial zone and Economic Activities), which corresponds to an area of approximately 737sq.m, in Kaimakli Quarter in Nicosia Municipality. It is located on Agiou Ilarionos avenue, 580 meters northeast of the John Kennedy Avenue, which is the main commercial road of the area, and 540 meters north of the Sopaz roundabout.

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

The property has regular shape and an even surface. It abuts onto two registered roads along its eastern and southern boundaries with total frontage of approximately 115 meters.

Within the property there is a building with an area of about 640 sq.m. without economic value.

The property lies within the Special Use Zone EΠ6 with building and coverage densities of 100% and 50% respectively.

The Special Use Zone EΠ6 allows industrial developments, business offices, showrooms, as well as commercial developments for items that have an increased volume or that require the storage of large quantities of product.

It is noted that the property is subjected of compulsory acquisition of 177sqm .

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

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 Asset Management Cyprus Ltd 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 Asset Management Cyprus Ltd (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: Nicosia Municipality

Quarter: Kaimakli