Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Field (Share) - Geri, Nicosia

Nicosia - Ref. PR45465Map

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Field (Share) - Geri, Nicosia

Ref. PR45465

Subject to VAT

190,000

Indicative Price

  • 2,650 m2 (whole share)
  • Share for sale:

Available for sale is the 2/3 share of a residential field, which corresponds to an area of approximately 1,766 sqm, in Geri Municipality of Nicosia District. It is situated at a distance of approximately 2 km southwest of the Municipality center and approximately 1 km northeast of the Latsia - Geri Municipal Stadium.

The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, it has excellent access to the highway. It is an excellent location which designates an increased demand for residential properties due to its attractiveness and accessibility.

It has an rectangular shape with an flat surface, north and east orientation, with a total frontage of approximately 80 meters onto a public registered road. It should be noted that the property has planning permit for the division of the land in three plots.

The property falls within the Residential Zone Kα8, having a building density of 60%.

According to the Distribution Agreement, the 2/3 share for sale corresponds to the central and southern (Letter B & Γ – Red and Blue color respectively) sections of the parcel.


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: Geri

Characteristics

  • Use: Residential
  • Land area: 2,650 m2 (whole share)

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR45465 2/915 30/16W1 2 1056
  • Planning zone: Κα8
  • Building Coefficient: 60%
  • Coverage Coefficient: 35%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 10

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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(35.118370, 33.402451)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD

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