4,850 SQM Commercial Land for sale in Latsia, Nicosia

TENDER SUBMISSION DEADLINE: TUESDAY 7 JANUARY 2025, 10:00 a.m. Available for sale is the 1/6 undivided share of a residential field, which corresponds to an area of approximately 808 sqm, in Agios Georgios quarter, of Latsia municipality of Nicosia district. It is situated approximately 25 m west of Nicosia - Limassol center and approximately 1.4 m southeast from the GSP stadium.It has a regular shape with an inclined surface and it is accessible through a non-registered road.The property falls within the Special Use Zone EX2 with a building density of 80%. The above planning zone allows the construction of offices, sports facilities, leisure/entertainment facilities, showrooms and other specialized developments. Residential development and plot separation are also allowed. 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: Latsia Quarter: Agios Georgios