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Plot (Share) - Panagia, Nicosia

Nicosia - Ref. PR11678View on map

Plot-Nicosia Municipality-PR11678
Plot-Nicosia Municipality-PR11678
Plot-Nicosia Municipality-PR11678
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Plot (Share) - Panagia, Nicosia

Not subject to VAT

100,000

Indicative Price

The property for sale is the 1/2 share of a parcel which corresponds to a plot with an area of 325 sqm (approx.). It is a residential plot in a central location in Panagia Quarter in Nicosia Municipality, at a distance of 300 meters (approx.) southeast of the "Frederick" university and 290 meters (approx.) northeast of Panagia Evangelistria Church. The property is ideally situated close to a plethora of amenities and services such as supermarkets, shops, schools etc. In addition, the property enjoys excellent accessibility to the Nicosia city center.

The plot has a rectangular shape and a level surface. It abuts onto Nikou Theofanous street along its northern boundary. It is noted that the share corresponds to the eastern part of the property. Within the property there are is ground floor house which is rented with a lifetime rental agreement.  It is noted that the plot falls within the residential zone Κα3 which allows the construction of a four-storey building. 

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: Panagia

Characteristics

  • Use: Residential
  • Land area: 651 m2 (whole share)
  • The property is rented

Land Registry Information

Registration number Sheet/Plan Block Parcel Number
5/879 21/47W1 5 839
  • Planning zone: Κα3
  • Building Coefficient: 140%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 3
  • Maximum Building Height (m): 13,50

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 (35.177398681640625, 33.38328552246094)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD

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