Corner commercial plot in a lively and popular location in Aglantzia Municipality in Nicosia District. The property abuts onto Larnakos Avenue and Stadiou street, at a distance of 400 meters (approx.) northwest of the “LIDL” supermarket and 950 meters (approx.) northwest of University of Cyprus.The property is ideally situated close to an abundance of amenities and services such as supermarkets, restaurants, schools, cafes etc. In addition, it enjoys excellent accessibility to the Nicosia city center while the University of Cyprus is only a short drive away. The vicinity of the property designates an increased demand for properties due to its attractiveness and accessibility.The plot has a regular shape and a level surface. It has an extensive road frontage along its southwest and northern boundary with total frontage of approximate 88 meters. It is noted that the property is subject to compulsory acquisition of an area of 183 sqm (approx.). Because of its large surface area and road frontage the property can be used for many types of development. The plot is suitable for the development of a commercial or residential or mixed-use building.It is considered as an appealing opportunity for a land developer or an individual. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED 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: Aglantzia
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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