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The property for sale is a commercial field in excellent location, in Chryseleousa Parish, in Strovolos Municipality, in Nicosia District. It is situated approx. 140 meters north of the well known cinema ‘K-Cineplex’.The property abuts on Archaggelou Avenue, on its eastern boundaries with road frontage approx. 50 meters. It has a regular shape with level topography.The property has an area of 4.030sqm of which 32% is within commercial town planning zone Εβ4 with a building density of 140%. while 68% is in residential zone Kα6 with a building density of 90%.It is suitable for the construction of a commercial, residential or mixed-use building.The field is in the process of being converted into a plot with the net area being approximately 2,917 sqm. 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: Nicosia Municipality: Strovolos Quarter: Chryseleousa
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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