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527 SQM Residential Plot for sale in Geri, Nicosia

Geri, Nicosia, Cyprus
527 SQM Residential Plot for sale in Geri, Nicosia 483 Geri
Offers in the region of
120000 €120,000  ($126,322)
527 SQM Residential Plot
Geri, Nicosia
Offers in the region of

€120,000  ($126,322)

Bank Owned Property
ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $4,421

Average Bank Rate (€120,000)
1 USD = 0.9178 EUR
$130,744

Mid-market rate (€120,000)
1 USD = 0.9500 EUR
$126,322

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

Residential (ΚΑ7)

Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)

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: 0.51 Km

Commercial: 0.37 Km

Tourist: 26.46 Km

Industrial: 2.49 Km

Agricultural: 1.79 Km

Farm: 2.44 Km

Key features

  • Listing ID: 1614401 (122613)
  • Plot: 527 sqm

Description

Residential plot in Geri municipality of Nicosia district. It is situated at a distance approximately 50 m north of Archiepiskopou Makariou III Avenue and approximately 400 m east of Athalasis Avenue.It has a regular shape and an inclined surface. It abuts onto a public registered road along its western boundary with frontage of approximately 23 meters.It is worth noting that the property abuts a government land on its western boundary.In addition, it should be noted that in case of future development of the plot, the architectural plans should be submitted to the Ministry of Defense, for any compensatory terms.It lies within residential Town Planning Zone Κα7 which allows for the development of a two-storey building with a building factor of 80%. 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: Geri

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Buying expenses

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.

Stamp Duties
If buying as an individual
€173 ($182)
If buying on joint names
€173 ($182)
Transfer fees
If buying as an individual
€2,150 ($2,263)
If buying on joint names
€1,800 ($1,895)

Disclaimer - Property reference 1614401. 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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