Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Two Flats - Panagia, Nicosia

Nicosia - Ref. PR38592Map

Flat-Nicosia Municipality-PR38592
Flat-Nicosia Municipality-PR38592
Flat-Nicosia Municipality-PR38592
Flat-Nicosia Municipality-PR38592
Flat-Nicosia Municipality-PR38592
Flat-Nicosia Municipality-PR38592
Flat-Nicosia Municipality-PR38592
Flat-Nicosia Municipality-PR38592
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Two Flats - Panagia, Nicosia

Ref. PR38592

Not subject to VAT

425,000

Indicative Price

  • 352 m2
  • 3 Bedrooms
  • 3 Bathrooms

Services and facilities

  • Parking : 2 Uncovered
  • G.Optional
  • Swimming pool
  • Air condition
  • Lift
  • Heating
  • Veranda : 26 m2 Covered
  • Storage room

Two flats in a central location in Panagia quarter of Nicosia municipality. The property facing on Agios Nikolaos street No.41, at a distance of 130 meters (approx.) west of Palouriotissa Primary School and 250meters (approx.) north of Lidl supermarket (John Kenedy Avenue).

It is ideally situated close to a plethora of amenities and services such as supermarkets, shops, restaurants, schools etc. In addition, it  enjoys excellent access to the main town routes and the city center.

The flats for sale are part of a small residential building that was initially constructed around the year 1986 (ground floor) while the 1st & 2nd floors are erected around the year 2014. The two flats are similar to each other and located on the 1st & 2nd floor of the building.

Flat on the 1st floor (No. 101) consists of a living room, kitchen, office, three bedrooms (all are en-suite), bathroom and covered verandas. It has internal area of 176sqm (approx.) and covered verandas of 13sqm (approx.). It is noted that the flat is rented for €880/month.

Flat on the 2nd floor (No.201) consists of an open plan living with kitchen area, bathroom, office, three bedrooms (all are en-suite) and covered verandas. It has internal area of 176sqm (approx.) and covered verandas of 13sqm (approx.). It is noted that the flat is rented for €850/month.

It is noted that the building has a distribution agreement and the flats for sale corresponds to the 2/3 share of the property.

The flats are considered as ideal investment opportunity.


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: Nicosia Municipality

Quarter: Panagia

Characteristics

  • Year built: 2014
  • Title deed: The property has a separate title deed
  • The property is rented

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR38592 0/15253 21/47E1 5 2892
  • Planning zone: Κα3
  • Building Coefficient: 140%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 4
  • Maximum Building Height (m): 17/14,30 (Εντός ΠΕΧ)
  • Planning zone: Κα3
  • Building Coefficient: 140%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 4
  • Maximum Building Height (m): 17

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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(35.175437927246094, 33.38512420654297)

Energy Category

energy rating

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD