Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Field (Share) - Latsia, Nicosia

Nicosia - Ref. CP10011Map

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Field (Share) - Latsia, Nicosia

Ref. CP10011

Subject to VAT

490,000

Indicative Price

  • 11,409 m2 (whole share)

Available for sale are 2 abutting residential fields (partialy), in Agios Georgios quarter. In Latsia municipality community of Nicosia district. It is situated at a distance approximately 200 m west from Nicosia – Larnaca – Limassol motorway and approximately 1.5 km southeast from GSP football stadium.

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

It is noted that for the property has a Planning Permit for the division and separation into 12 separated plots.

According to the distribution agreement, the share for sale (1055/2651 shares for the filed with the no. 285 & 1375/3456 shares for the field with the no. 286 ) corresponds to the plots with the no. 1, 2, 9, 10 and the southern half share of the plots with no. 6 & 8 (as shown in red on the spatial plan).

It lies within residential Town Planning Zone Κα8 which allows for the development of a two-storey building with a building factor of 60%.


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: Residential
  • Land area: 11,409 m2 (whole share)

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR39502 3/326 30/22E2 3 286
  • Planning zone: Κα8
  • Building Coefficient: 60%
  • Coverage Coefficient: 35%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 10
Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR39501 3/325 30/22E2 3 285
  • Planning zone: Κα8
  • Building Coefficient: 60%
  • Coverage Coefficient: 35%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 10

Properties for sale

  • 1
  • PR39502
  • 3,456 m2
  • 2
  • PR39501
  • 7,953 m2

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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(35.100887298583984, 33.36762237548828)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD