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Pay in USD and save up to $4,600The property for sale is a commercial parcel of land within the walls of Nicosia in the Agios Savvas area.It is located 150 meters (approx.) southeast of Faneromeni Square and 130 meters (approx.) east of Onasagorou street the most important commercial street of the capital. It is an area that boasts busy commercial activity and a variety of dining and entertainment options.It has a normal shape, a level topography and 18 meters frontage on Aristofanous street.It lies within the Commercial Zone ΕΖ-εν with a building density of 160% and a coverage density of 70% which allows the construction of a three-storey building with a maximum height of 11.50 meters. In case the plot is adjacent to a listed property, the allowed number of floors and maximum height changed to 2 floors and 8.00 meters.The desirable location of the property makes it a unique investment opportunity and given the lack of empty plots in the area, it is an attractive investment opportunity. 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: Nicosia Municipality Quarter: Agios Savvas
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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