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Available for sale is the 1/5 share of a residential field, in Agios Georgios quarter in Latsia municipality of Nicosia district. It is situated at a distance of approximately 1.6 kilometers southeast from the center of the Municipality and approximately 940 meters west from the motorway Nicosia - Limassol. It has regular shape and a level surface. It abuts onto a public registered road along its southern, eastern and northeastern boundary with total road frontage of 108 meters.The field is subject to a possible compulsory acquisition due to the construction of a future road network.The property has acquired a planning permit for the division of 5 plots. The construction works have not started. The share corresponds to one plot with number 4 and with an area of 606 sqm (approx.).There is a planning permit and a land division permit valid until 2024.It falls within the Residential Zone Kα6 (54%), having building density coefficient 90% and within the Residential Zone Kα7 (46%) having building density coefficient 80%.The property is affected by road widening. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED 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 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. District: Nicosia Municipality: Latsia Quarter: Agios Georgios
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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