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Field (Share) - Latsia, Nicosia

Nicosia - Ref. PR15508Map

Field-Latsia-PR15508
Field-Latsia-PR15508
Field-Latsia-PR15508
Field-Latsia-PR15508
Field-Latsia-PR15508
Field-Latsia-PR15508
Field-Latsia-PR15508
Field-Latsia-PR15508
Field-Latsia-PR15508
Field-Latsia-PR15508
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Field (Share) - Latsia, Nicosia

Ref. PR15508

Subject to VAT

237,000

Indicative Price

  • 6,336 m2 (whole share)
  • Share for sale:


TENDER SUBMISSION DEADLINE:
TUESDAY 14 MAY 2024, 10:00 a.m.

Available for sale is the 1/2 share of a residential field, which is approximately 3.168 sq.m, in Agios Georgios quarter, in Latsia Municipality, in Nicosia District. It is situated at a distance of approximately 1,5 km southwest from Agios Georgios' Church. The immediate area of the property consists of luxury houses and empty parcels of land.

The property has an irregular shape, a level surface and abuts onto Macedonias Avenue along its northern boundary, with a large frontage. Within the parcel there are buildings which do not bear any economic value. 

It is noted that the property has very good access to the Municipality's center, the other areas of Nicosia and the highway.


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

Characteristics

  • Use: Residential
  • Land area: 6,336 m2 (whole share)

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR15508 5/157 30/30E1 5 150
  • Planning zone: Κα9
  • Building Coefficient: 40%
  • Coverage Coefficient: 25%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 8,30

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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(35.09231948852539, 33.370338439941406)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD