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Incomplete Development - Kokkinotrimithia, Nicosia

Nicosia - Ref. PR41191Map

Residential building-Kokkinotrimithia-PR41191
Residential building-Kokkinotrimithia-PR41191
Residential building-Kokkinotrimithia-PR41191
Residential building-Kokkinotrimithia-PR41191
Residential building-Kokkinotrimithia-PR41191
Residential building-Kokkinotrimithia-PR41191
Residential building-Kokkinotrimithia-PR41191
Residential building-Kokkinotrimithia-PR41191
Residential building-Kokkinotrimithia-PR41191
Residential building-Kokkinotrimithia-PR41191
Residential building-Kokkinotrimithia-PR41191
Residential building-Kokkinotrimithia-PR41191
Residential building-Kokkinotrimithia-PR41191
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Incomplete Development - Kokkinotrimithia, Nicosia

Ref. PR41191

Subject to VAT

410,000

Indicative Price

  • 260 m2
  • 1,593 m2 Land
  • 6 Bedrooms
  • 4 Bathrooms

Services and facilities

  • Parking : 2 Covered
  • G.Optional
  • Swimming pool
  • Air condition
  • Lift
  • Heating
  • Storage room

Incomplete residential development in Kokkinotrimithia community of Nicosia District. The property abuts a public registered road on its western boundary with a frontage of approximately 49 meters, it is at a distance of approximately 280 meters west from Georgiou Griva Digeni Avenue and approximately 320 meters south from Kokkinotrymithias Primary School A.

The property abuts public green area on its northern boundary, it is located close to all necessary services and amenities while enjoying good access to neighboring communities and municipalities.

Within the property there are two incomplete houses which are in a relatively advanced stage of completion.

It is noted that the two incomplete houses are a result of an older design (development) which was for the construction of 6 more houses.

The houses are very similar and consist on the ground floor of an open dining room, living room and kitchen and a guest W.C. The upper floor consists of three bedrooms with the master bedroom having a separate shower room with a W.C. and a common bathroom with a W.C.

The internal area of ​​the houses amount to 135 sq.m. (approx.) and 125 sq.m. (approx) respectively.

Externaly, the housses have a covered parking space (each).

The development is located on a plot of land with a total area of ​​approximately 1,593 sq.m. and falls within residential zone H2 which proposes the development of a two-story building with a building factor of 90%. The property is also suitable for subdivision. It is noted that the residences are placed in the southwestern part of the plot, leaving the remaining part empty for future development.

It is an attractive investment option.


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: Kokkinotrimithia

Characteristics

  • Title deed: The property has a separate title deed

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR41191 0/18823 0/2-217-391 2 554
  • Planning zone: Η2
  • Building Coefficient: 90%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 8,30

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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(35.15030288696289, 33.196651458740234)

Energy Category

energy rating

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD

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