Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Building (share) - Kokkinotrimithia, Nicosia

Nicosia - Ref. PR44912Map

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Building (share) - Kokkinotrimithia, Nicosia

Ref. PR44912

Not subject to VAT

65,000

Indicative Price

  • 148 m2
  • 346 m2 Land
  • 1 Bath
  • Share for sale:

Ground floor building, representing the 2/3 share of the parcel, in the community of Kokkinotrimithia, Nicosia District. The property is situated approximately 200 metres southeast of Kokkinotrimithia A’ Primary School and approximately 490 metres north of Grigori Afxentiou Avenue.

The property abuts Georgiou Griva Digeni Avenue and is ideally located close to a variety of services and amenities such as schools, shops, etc.

The building was built around 1935 and consists of an open-plan area, a kitchen, a storage room, and an external toilet.

The internal area is approximately 148 sq.m.

There is a distribution agreement, and the share corresponds to the southern part shown with red color and with the letter “A” on the Distribution Agreement drawing.


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: Kokkinotrimithia

Characteristics

  • Year built: 1935

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR44912 0/15974 0/1-2180-3910 1 123
  • Planning zone: Η1
  • Building Coefficient: 120%
  • Coverage Coefficient: 70%
  • Maximum Floors Allowed: 2/3
  • Maximum Building Height (m): 8,30/11,40

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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(35.153400, 33.199905)

Energy Category

energy rating

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD