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1,529 SQM Commercial Land
Latsia, Nicosia
Offers in the region of

€35,000  ($40,652)

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 $1,423

Average Bank Rate (€35,000)
1 USD = 0.8318 EUR
$42,075

Mid-market rate (€35,000)
1 USD = 0.8610 EUR
$40,652

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 (ΕΧ2)

Description: Special Use Zones (Ζωνες Ειδικων Χρησεων)

Coverage: 0.45

Density: 0.8

Height: 10 meters

Allowed stories: 2

Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)


Nearby planning zones

Residential: 0.41 Km

Tourist: 30.29 Km

Industrial: 1.4 Km

Agricultural: 0.88 Km

Farm: 5.44 Km

Key features

  • Listing ID: 1751874 (130402)
  • Plot: 1529 sqm

Description

Available for sale is the undivided 1/2 share of a residential field, which corresponds to an area of approximately 765sqm, in Ayios Georgios Quarter, Latsia municipality of Nicosia district. It is situated approximately 1km. northwest of the municipality center and approximately 260 meters southeast of Lemon Park. Also it is located 20 meters west of Larnaca – Nicosia highway.It has an irregular shape with an inclined surface and it abuts onto a registered road along its northern and eastern boundary with frontage of approximately 115 meters.The property falls within the Special Use Zone EX2 with a building density of 80%. The above planning zone allows the construction of offices, sports facilities, leisure/entertainment facilities, showrooms and other specialized developments. Residential development and plot separation are also allowed. 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: Latsia Quarter: Agios Georgios

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Disclaimer - Property reference 1751874. 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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