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785 SQM Commercial Land
Kokkinotrimithia, Nicosia
Offers in the region of

€60,000  ($68,052)

Bank Owned Property
ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

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Compared currency flag Pay in USD and save up to $2,382

Average Bank Rate (€60,000)
1 USD = 0.8519 EUR
$70,433

Mid-market rate (€60,000)
1 USD = 0.8817 EUR
$68,052

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Planning Zone

Commercial (ΕΜ2)

Description: Axis Of Commercial Activity (Αξονας Εμπορικης Δραστηριοτητας)

Coverage: 0.5

Density: 0.9

Height: 8.3 meters

Allowed stories: 2

Development description: Policy Statement (Excluding Zone 3) (Δηλωση Πολιτικης (Χωρ. Περιοχη 3))


Nearby planning zones

Tourist: 30.89 Km

Industrial: 2.42 Km

Agricultural: 2.27 Km

Farm: 2.97 Km

Key features

  • Listing ID: 8868419 (132552)
  • Plot: 785 sqm

Description

Available for sale is the 2/5 undivided share of commercial field in Kokkinotrimithia Community, in Nicosia District. It is located approximately 770 meters southwest of the 2nd Elementary School of Kokkinotrimithia and approximately 1,250 meters south of the Nicosia-Troodos highway. The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc.The parcel has a regular shape, a flat surface and abuts a registered road along its northern border, with a frontage of approximately 45 meters.It abuts a government land along its western border.Within the parcel, structures were erected around 2006, one of them is a metal structure consisting of an open plan that was used as a car wash. At the eastern end of the parcel, there is a building that was used as an office for the car wash.The total area of the covered spaces of the metal building is 265 sq.m. (approx.) and the office of approx. 36 sq.m. (appox.). The property is occupied. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). - - - - - - - - - - - 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.  - - - - - - - - - - - - - District: Nicosia Municipality: Kokkinotrimithia

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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€900 ($1,021)
If buying on joint names
€900 ($1,021)

Disclaimer - Property reference 8868419. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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