The 1/15 undivided share of land is available for sale, with an area of approximately 668 sq.m., in the Quarter of Apostolos Varnavas & Agios Makarios, in the Municipality of Strovolos, in the District of Nicosia. It is located approximately 100 meters south of the GSP stadium and approximately 250 meters west of the GSP roundabout.

It has an irregular shape, smooth surface, faces north and west, with a total frontage of approximately 215 meters along Anexartisias Avenue and Karavostasiou Street. It also abuts government land along its southern boundary, with a green space and a community facility area along its northwestern boundary.

The property falls within Residential Zone Κα8 (93%) with a building density of 60% and within Protection Zone Δα2 (7%) with a building density of 1%.

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: Strovolos

Quarter: Apostolos Varnavas