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The property for sale is a corner industrial field in a unique location, in Strovolos Municipality in Nicosia. It is situated approximately 250 metres south of the round about near Nicosia’s General Hospital and approximately 280 metres southeast of ‘‘Leroy Merlin’’ store. In the surrounding area there is an abundance of amenities and services, including shops, supermarkets, bakeries, the Mall of Cyprus, IKEA store and other amenities. In addition, the property has excellent access to the motorway.It abuts on Demetris Lagiou street, on its northern boundary, with a frontage of 72 meters (approx.). It has a rectangular shape and a level topography. West of the property there is an entrance & exit for vehicles, entering and exiting Limassol Avenue, which leads to Latsia Municipality.Within the field there is a ground floor building, which used to operate as a car wash. The field has the potential to be developed into various uses. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED 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. Tenders submitted for an Amount below the Reserve Price shall be rejected. 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: Strovolos Quarter: Apostolos Varnavas
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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