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Plot - Strovolos, Nicosia

Nicosia - Ref. PR34523Map

Plot-Strovolos-PR34523
Plot-Strovolos-PR34523
Plot-Strovolos-PR34523
Plot-Strovolos-PR34523
Plot-Strovolos-PR34523
Plot-Strovolos-PR34523
Plot-Strovolos-PR34523
Plot-Strovolos-PR34523
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Plot - Strovolos, Nicosia

Ref. PR34523

Subject to VAT

730,000

Indicative Price

  • 604 m2 (whole share)

Corner commercial plot in a lively and popular location in Agios Demetrios quarter of Strovolos Municipality. The property abuts onto Athalassa Avenue and Korai street, at a distance of 330 meters (approx.) southeast of private school “The English School” and 900 meters (approx.) southeast of the Presidential Palace.

The property is ideally situated close to an abundance of amenities and services such as supermarkets, restaurants, schools, cafes etc. In addition, it enjoys excellent accessibility to the Nicosia city center while the Makarios Hospital is only a short drive away. The vicinity of the property designates an increased demand for properties due to its attractiveness and accessibility.

The plot has a regular shape and a level surface. It has an extensive road frontage along its southwest boundary with total frontage of approximate 47 meters. It is noted that the property is subject to road widening scheme of an area of 107 sqm (approx.). 

The large frontage of the property onto two public roads is considered as an advantage. The plot is suitable for the development of a commercial or mixed-use building.

It is considered as an appealing opportunity for a land developer or an individual.

It is noted that the property is vacant. 


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: Strovolos

Quarter: Agios Demetrios

Characteristics

  • Use: Commercial
  • Land area: 604 m2 (whole share)
  • Title deed: The property has a separate title deed

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR34523 9/965 21/62W1 9 485
  • Planning zone: Εβ3
  • Building Coefficient: 160%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 6
  • Maximum Building Height (m): 24/20,40

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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(35.148338317871094, 33.35272979736328)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD