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Commercial plot in a central and lively location in Agios Nikolaos Quarter in Larnaca Municipality, at a distance of 400 meters (approx.) southwest of Larnaca Central Fire Station and 800 meters (approx.) southeast of Larnaca General Hospital. The property abuts onto Konstantinou Palaiologou street (Nicou & Despoinas Pattichi service road).It is ideally situated close to a plethora of amenities and services such as supermarkets, shops, restaurants, schools etc. In addition, it enjoys excellent access to the Town Center.It has a rectangular shape, a level surface and abuts onto a public road along its northern boundary with a frontage of 19 meters. It must be noted that on the above plot there is a ground floor building which is considered of low economical value. It is also worth noting, that the property under study is rented.The plot is suitable for the construction of a commercial/mixed use six-storey building.It is considered as an ideal choice for a land developer or an individual.The property falls within the Commercial Zone Eβ2, with total building density of 180%.It is considered as an ideal investment opportunity for property developer or investor. 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: Larnaca Municipality: Larnaca Municipality Quarter: Agios Nikolaos
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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