Indicative Concept Design

Commercial plot in a central location in Agios Antonios parish, in Nicosia Municipality. It is located approximately 120 meters southwest of the intersection of Digeni Akrita and Larnakos Avenue, two of the most commercial arteries of Nicosia.

The plot has a triangle shape, even surface and 49 meters frontage on its northern boundary. The property has the potential to gain extra building density coefficient via planning incentives. The plot could be utilized and be developed with a multi-storey building of mixed or commercial use.

The property falls within the Planning Zone EZ - α, having a Building Density Coefficient 200% (by utilizing the incentives the Building Density Coefficient  can be increased up to 450%), Coverage Coefficient 60%, Maximum Floor 8 and Maximum Height 31m.

Altamira design team with the collaboration of external Architect, proceeded with a concept design. More specifically, the plot can host a 7-storey residential building with 2 levels basement and a total of 12 flats where 8 are two-bedroom flats and 4 one-bedroom flats. The enclosed areas are 866 sqm and 290sqm of covered verandas, without taking into account the basements, staircases and parking spaces. The two basements and the ground floor share in total 18 parking spaces where 2 of those are for the disabled people. It is noted that the 2 basements are served via a car-elevator.

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: Agios Antonios