The property for sale concerns 2 residential abutting fields, in Agios Georgios quarter, in Latsia municipality, in Nicosia District. The property  is located about 350 meters east from the motorway and approximately 175 meters south from Archiepiskopou Kiprianou Avenue.

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

As a single unit, It has an irregular shape and an inclined surface. It abuts onto a public registered road (Poseidonos street) along its northeastern boundary with frontage of approximately 5 meters.

Within the property, there are some old and economically obsolete buildings.

It lies within the continues and core construction Zone Πα9 which allows for the development of a two-storey building with a building factor of 120%. It is also suitable for plot separation or a residential development.

The properties are sold as a single unit with total area  of 782 sqm.

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: Latsia

Quarter: Agios Georgios