Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Plot - Agios Savvas, Nicosia

Nicosia - Ref. PR15069View on map

Plot-Nicosia Municipality-PR15069
Plot-Nicosia Municipality-PR15069
Plot-Nicosia Municipality-PR15069
Plot-Nicosia Municipality-PR15069
Plot-Nicosia Municipality-PR15069
Plot-Nicosia Municipality-PR15069
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Plot - Agios Savvas, Nicosia

Subject to VAT

122,000

Indicative Price

The property for sale is a commercial parcel of land within the walls of Nicosia in the Agios Savvas area.

It is located 150 meters (approx.) southeast of Faneromeni Square and 130 meters (approx.) east of Onasagorou street the most important commercial street of the capital. It is an area that boasts busy commercial activity and a variety of dining and entertainment options.

It has a normal shape, a level topography and 18 meters frontage on Aristofanous street.

It lies within the Commercial Zone ΕΖ-εν with a building density of 160% and a coverage density of 70% which allows the construction of a three-storey building with a maximum height of 11.50 meters. In case the plot is adjacent to a listed property, the allowed number of floors and maximum height changed to 2 floors and 8.00 meters.

The desirable location of the property makes it a unique investment opportunity and given the lack of empty plots in the area, it is an attractive investment opportunity.

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: Agios Savvas

Characteristics

  • Use: Commercial
  • Land area: 221 m2 (whole share)
  • Title deed: The property has a separate title deed

Land Registry Information

Registration number Sheet/Plan Block Parcel Number
1/468 21/460606 1 42
  • Planning zone: ΕΖ-εν
  • 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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Open in Google Maps (35.172393798828125, 33.36417007446289)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD