Under division plots in a quiet and purely residential location in Geri Municipality in Nicosia District, at a distance of 665 meters (approx.) south of Geri Town Hall and 370 meters (approx.) south of Geri Second Primary School. The property is situated close to all necessary amenities and services. Furthermore, it enjoys good access to the neighboring municipalities and the city of Nicosia.The construction works of the plot division have not started yet. The parcel has an irregular shape and a level surface. It abuts onto a public road on part of its western, eastern and northern boundary.It is noted that within under division plot 1 there is ground floor house with a basement which can be used either as a permanent residence or rented out yielding a good return. The house comprises of three bedrooms and the area of the internal spaces is 193 sqm (approx.) and the basement 255 sqm (approx.). The house is vacant.A planning permit has been submited for the division of land into 8 plots with a total plot area of 4.372 sq.m. It is considered as a good choice for a land developer or an individual. 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: Geri
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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