Residential plot in a central location in Kaimakli Quarter in Nicosia Municipality, at a very close distance southeast of Kantaras Avenue and 385 meters (approx.) southwest of “Bata” roundabout. The property is located close to a plethora of amenities and services such as shops, restaurants, schools, cafes, banks etc. In addition, the property has easy access to the Nicosia city center.

It has a rectangular shape and a level topography. It abuts on Nikokleous street along its northwestern boundary with a frontage of 22 meters (approx.)

It is considered as an ideal choice for a land developer or an individual. It is important to note that given the lack of empty plots in the area, it is an attractive investment opportunity.

The property had acquired a planning permit for the construction of a four-storey building with twelve apartments which has expired.

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.

District: Nicosia

Municipality: Nicosia Municipality

Quarter: Kaimakli