TENDER SUBMISSION DEADLINE:
TUESDAY 25 AUGUST, 10:00 a.m.

Available for sale is the undivided 1/3 share of a commercial plot, which corresponds to an area of approximately 257 sqm, in Kaimakli quarter, of Nicosia municipality. The property abuts onto Kantaras Avenue is located approximate 155 meters northeast of «ΒΑΤΑ» (round about) and approximate 230 meters southeast of Agios Polydoros church.

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

The plot has a trapezoid shape and an even surface. It abuts onto a public road  along its northeastern boundary with a frontage of 29 meters (approx.). It is noted that within the property there is a building that bares no economical value.

The property is occupied.

The property falls within the Commercial Zone Εβ3, having a building density of 160%.

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: Nicosia Municipality

Quarter: Kaimakli