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Corner commercial plot in a lively and popular location in Aglantzia Municipality in Nicosia District, at a distance of 380 meters (approx.) east of Aglantzia’s Town Hall. The property is ideally situated close to an abundance of amenities and services such as supermarkets, restaurants, schools, cafes etc. In addition, it enjoys excellent accessibility to the Nicosia city center and the university of Cyprus. The vicinity of the property designates an increased demand for properties due to its attractiveness and accessibility.It has a trapezium shape and a level surface. It abuts onto Larnakos avenue along its northern boundary and on Markou Drakou street along its eastern boundary with a total frontage of 30 meters (approx.). It is noted that the property is subject to compulsory acquisition of an area of 30 sqm (approx.).It is noted that within the property there is an old ground floor house with no economical value.For the property it was issued a town planning permit for the construction of a five storey offices building. The permit is expired. 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: Aglantzia
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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