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Field - Geri, Nicosia

Nicosia - Ref. PR37071Map

Field-Geri-PR37071
Field-Geri-PR37071
Field-Geri-PR37071
Field-Geri-PR37071
Field-Geri-PR37071
Field-Geri-PR37071
Field-Geri-PR37071
Field-Geri-PR37071
Field-Geri-PR37071
Field-Geri-PR37071
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Field - Geri, Nicosia

Ref. PR37071

Subject to VAT

50,000

Reserve Price

  • 648 m2 (whole share)

Residential field  in Geri Municipality in Nicosia District, at a distance of 395 meters approximately northwest from Archbishop Makariou III Avenue and approximately 300 m from Louki Akrita Avenue.

It has a triangular shape and a level surface. The property abuts onto Griva Digeni Avenue along its eastern boundary and along Nikolaou Saripolu str. along its northern boundary with a total frontage of 109 m approximately.

It is within reach of all necessary services and amenities, while the  A’ Primary school of Geri is only minutes away. With many shops, restaurants, supermarkets and parks nearby, it is an excellent choice for families and young.

It lies within residential Town Planning Zone Κα5 which allows for the development of a two-storey building with a building factor of 100%. It is also suitable for plot separation or a residential development.

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

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).

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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: Geri

Characteristics

  • Use: Residential
  • Land area: 648 m2 (whole share)
  • Title deed: The property has a separate title deed

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR37071 1/162 30/1024V01 1 262
  • Planning zone: Κα5
  • Building Coefficient: 100%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 3
  • Maximum Building Height (m): 11,30

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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(35.10881042480469, 33.42518997192383)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD

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