2,014 SQM Commercial Land for sale in Kato Lakatamia, Nicosia

Residential field in Agia Paraskevi Quarter of Lakatameia Municipality in Nicosia District. It is located at a distance of 1km (approx.) west of the intersection of Ippokratous and Tseriou.The property is situated close to amenities and services such as supermarkets, shops, banks etc. The vicinity of the property designates an increase in residential development in the recent years.It has a triangular shape and a smooth surface. It abuts onto Ippokratous street along its northern boundary with a frontage of 135 meters (approx.). In addition, it abuts onto a semi-constructed road on its southern with a frontage of 45 meters (approx.).The northern part of the field is affected by a compulsory acquisition and the remaining net area (southern part) of the property is approximately 2,014sqm. It is noted that the acquisition amount has been compensated.The property (southern part) falls within the Residential Zone Κα7 having building density coefficient of 80%, coverage density of 45% in 2 floors. 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: Lakatameia Quarter: Agia Paraskevi