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Plot - Panagia, Nicosia

Nicosia - Ref. PR13065View on map

Plot-Nicosia Municipality-PR13065
Plot-Nicosia Municipality-PR13065
Plot-Nicosia Municipality-PR13065
Plot-Nicosia Municipality-PR13065
Plot-Nicosia Municipality-PR13065
Plot-Nicosia Municipality-PR13065
Plot-Nicosia Municipality-PR13065
Plot-Nicosia Municipality-PR13065
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Plot - Panagia, Nicosia

Not subject to VAT

450,000

Indicative Price

Corner commercial plot in a lively and central location in Panagia Quarter in Nicosia Municipality, at a distance of 200 meters (approx.) northwest of the “Athienitis” supermarket and 330 meters (approx.) north of Larnakos avenue. The property is ideally situated close to a plethora of amenities and services such as supermarkets, shops, schools etc. In addition, the property enjoys excellent accessibility to the Nicosia city center.

The plot has a rectangular shape and a level surface. It abuts onto Markou Drakou avenue along is western boundary and on Eleftheriou Venizelou street along its southern boundary with a total frontage of 47 meters (approx.). Within the property there is a two-storey building. Part of the ground floor of the building is rented.

It is noted that the plot falls within the commercial zone EZ-α which allows the construction of an eight-storey building. In addition, it can also benefit from numerous planning incentives such as a substantial increase in the allowable building density, as it is within the area covered by the Nicosia City Centre Local Plan.

Gray Standard deadline time (JPG)

Gray Standard deadline time (JPG)

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 Asset Management Cyprus Ltd 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 Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.

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.

District: Nicosia

Municipality: Nicosia Municipality

Quarter: Panagia

Characteristics

  • Use: Commercial
  • Land area: 593 m2 (whole share)
  • Title deed: The property has a separate title deed

Land Registry Information

Registration number Sheet/Plan Block Parcel Number
2/710 21/470402 2 431
  • Planning zone: ΕΖ-α
  • Building Coefficient: See Description/Βλέπε Περιγραφή
  • Coverage Coefficient: See Description/Βλέπε Περιγραφή
  • Maximum Floors Allowed: See Description/Βλέπε Περιγραφή
  • Maximum Building Height (m): See Description/Βλέπε Περιγραφή

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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Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD