Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Field - Psimolofou, Nicosia

Nicosia - Ref. PR12235Map

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Field - Psimolofou, Nicosia

Ref. PR12235

Subject to VAT

430,000

Indicative Price

  • 8,669 m2 (whole share)


TENDER SUBMISSION DEADLINE:
TUESDAY 8 OCTOBER 2024, 10:00 a.m.

The property for sale is a residential field which lies within the administrative boundaries of Psimolofou village, in Nicosia District, at the eastern part of the village.

It is located at a distance of 1,2 km east of the center of the village. It has a rectangular shape and an even surface. Also, it abuts onto Gerovouniou Street along its northern boundary with a total frontage of 59m.

It is suitable for the development of plots or for the development of a housing complex.

The area of the property is 8,669 sq.m. after recalculation of the area by the land registry department.

A planning permit has been submited for the division of land into 10 plots with a total plot area of 5.645 sq.m.


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: Psimolofou

Characteristics

  • Use: Residential
  • Land area: 8,669 m2 (whole share)
  • Title deed: The property has a separate title deed

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR12235 5/322 30/43W1 5 327
  • Planning zone: Η3
  • Building Coefficient: 60%
  • Coverage Coefficient: 35%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 8,30

Tender Form

pdf Download 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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(35.06010055541992, 33.27438735961914)

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Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD