Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Field (Share) - Geri, Nicosia

Nicosia - Ref. PR41550Map

Field-Geri-PR41550
Field-Geri-PR41550
Field-Geri-PR41550
Field-Geri-PR41550
Field-Geri-PR41550
Field-Geri-PR41550
Field-Geri-PR41550
Field-Geri-PR41550
Field-Geri-PR41550
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Field (Share) - Geri, Nicosia

Ref. PR41550

Partially subject to VAT

100,000

Indicative Price

  • 3,949 m2 (whole share)
  • Share for sale:

Available for sale is the 1/2 undivided empty share of a residential field, which corresponds to an area of approximately 1,974sqm, in Geri municipality of Nicosia district. It is situated approximately 2 km southwest from the municipality center and approximately 1.5km east from the Sporting club.

It has an irregular shape with an even surface and it is accessible through a registered road on its eastern boundary.

According toy Nicosia Local Plan, the construction of a road of Primary Importance is proposed on the property, for the construction of which there are no clear indications as to the exact time of its implementation.

The property falls within the Residential Zone Κα9 (73%), having a building density of 40% and within Protection Zone Δα2 (12%), having a building density of 1% and into AZ zone (14%)


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: 3,949 m2 (whole share)

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR41550 10/351 30/32W1 0 496
  • Planning zone: ΑΖ 15
  • 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
  • Planning zone: Κα9 73
  • Building Coefficient: 40%
  • Coverage Coefficient: 25%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 8,30
  • Planning zone: Δα2 12
  • Building Coefficient: 1%
  • Coverage Coefficient: 1%
  • Maximum Floors Allowed: 1
  • Maximum Building Height (m): 5,50

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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(35.09101486206055, 33.40885543823242)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD