Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Plot - Nicosia City Center

Nicosia - Ref. PR31796Map

Plot-Nicosia Municipality-PR31796
Plot-Nicosia Municipality-PR31796
Plot-Nicosia Municipality-PR31796
Plot-Nicosia Municipality-PR31796
Plot-Nicosia Municipality-PR31796
Plot-Nicosia Municipality-PR31796
Plot-Nicosia Municipality-PR31796
Plot-Nicosia Municipality-PR31796
Plot-Nicosia Municipality-PR31796
Plot-Nicosia Municipality-PR31796
Plot-Nicosia Municipality-PR31796
Plot-Nicosia Municipality-PR31796
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Plot - Nicosia City Center

Ref. PR31796

Subject to VAT

1,200,000

Indicative Price

  • 1,091 m2 (whole share)

Commercial building plot in a popular and attractive location in Agion Konstantinou & Elenis Quarter in Nicosia Municipality. It is situated at a distance of 70 meters (approx.) southeast of Larnacos and Digeni Akrita avenues junction.

The property is ideally situated close to an abundance of amenities and services such as supermarkets, shops, cafes etc. It enjoys excellent access to the Nicosia city center.

The plot has a trapezium shape and a level topography. It abuts onto Larnacos avenue along its northeastern boundary with a frontage of 25 meters (approx.).

It is considered as an excellent choice for a land developer or an individual. It is suitable for the construction of a commercial or mixed use building.

It is noted that the property has acquired a Planning Permit for the construction of seven storey building with shops on the ground floor and offices on the upper floors. 


THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED

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 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.

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District: Nicosia

Municipality: Nicosia Municipality

Quarter: Agioi Konstantinou & Elenis

Characteristics

  • Use: Commercial
  • Land area: 1,091 m2 (whole share)
  • Title deed: The property has a separate title deed
  • The property is rented

Land Registry Information

Registration number Sheet/Plan Block Parcel Number
0/9394 21/470404 4 1149
  • Planning zone: Εβ2
  • Building Coefficient: 180%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 8
  • Maximum Building Height (m): 31

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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(35.170536041259766, 33.375755310058594)

Owner

Alpha Bank Cyprus Ltd