Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Field - Geri, Nicosia

Nicosia - Ref. CG10373Map

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Field - Geri, Nicosia

Ref. CG10373

Subject to VAT

770,000

Indicative Price


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

Two adjacent fields in Geri Municipality in Nicosia District, at a distance of 910 meters (approx.) northwest of Geri Municipality and 70 meters (approx.) southeast of “Elias Poullos” training center.

They are situated close to plethora of amenities and services. Furthermore, they enjoy excellent access to the neighboring communities and the city of Nicosia.

As a unified property they have an almost rectangular shape and a level surface. They abut onto a public road on part of their northern boundary with a frontage of 13 meters (approx.).

The fields fall within residential zone Κα7 (25%) and the commercial zone Εβ5 (75%).

It can easily be divided into at least seven (7) plots as shown in the attached proposed plan.

It needs to be noted that there is an under-registration road which passes through the property 619 (on site not constructed).

The properties are being sold as singe entity. 


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: Geri

Properties for sale

  • PR33080
  • 3,224 m2
  • PR10899
  • 2,890 m2

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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(35.106658935546875, 33.40852737426758)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD