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Field (Share) - Latsia, Nicosia

Nicosia - Ref. PR40473Map

Field-Latsia-PR40473
Field-Latsia-PR40473
Field-Latsia-PR40473
Field-Latsia-PR40473
Field-Latsia-PR40473
Field-Latsia-PR40473
Field-Latsia-PR40473
Field-Latsia-PR40473
Field-Latsia-PR40473
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Field (Share) - Latsia, Nicosia

Ref. PR40473

Partially subject to VAT

215,000

Indicative Price

  • 10,879 m2 (whole share)
  • Share for sale:

Available for sale is the undivided 1/3 share of a residential field, which corresponds to an area of approximately 3,626 sqm, in Latsia municipality of Nicosia district. It is situated approximately 800 m west of the Nicosia – Limassol – Larnaca motorway and approximately 930 m southeast the «The Senior School».

The property it is ideally situated close to a plethora of amenities and services such as schools, supermarkets, shops etc. In addition, it has excellent access to the motorway. It is an excellent location which designates an increased demand for residential properties due to its attractiveness and accessibility.

It has an irregular shape and an inclined surface. It abuts onto a public registered road along its northwestern boundary with frontage of approximately 33 meters.

It is noted that the property is subjected of compulsory acquisition of 479 sqm.

The property falls within the Residential Zone Κα8 (50%), having a building density of 60% and within the Protection Zone Δα1 (50%), having a building density of 0.5%.


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: Latsia

Quarter: Agios Georgios

Characteristics

  • Use: Residential
  • Land area: 10,879 m2 (whole share)

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR40473 3/377 30/22E2 3 340
  • Planning zone: Δα1
  • Building Coefficient: 0,5%
  • Coverage Coefficient: 0,5%
  • Maximum Floors Allowed: 1
  • Maximum Building Height (m): 5
  • Planning zone: Κα8
  • Building Coefficient: 60%
  • Coverage Coefficient: 35%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 10

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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(35.09694290161133, 33.36235427856445)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD