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Ground Floor and Upper Floor Apartments in Agios Georgios, Latsia, Nicosia

  • Cyprus
  • House
  • Residential

Reserve €360.000

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Property Summary

  • Renovated building Consisting of two specious, three-bedroom apartemnts in Latsia, Nicosia.
  • The property had a distribution agreement and refers to the 46% share of land, 514 sq. m. out of 1,114 sq.m. in total.
  • The process for separate title deeds insuance has commenced for the two apartments.  
  • Vacant possession.
  • The sale of the property, which comprises of a 46% share of a field/plot, is subject to the right of first refusal granted to co-owners under section 25 of the Immovable Property (Tenure, Registration, and Valuation) Law, Cap. 224”.

Contact Us

Yiannis Karagiorgis
Yiannis Karagiorgis
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

Contact Us

Yiannis Karagiorgis
Yiannis Karagiorgis
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

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Property description

  • Renovated building Consisting of two specious, three-bedroom apartemnts, Ground Floor and Upper floor.
  • The property had a distribution agreement and refers to the 46% share of land, 514 sq. m. out of 1,114 sq.m. in total.
  • The process for separate title deeds insuance has commenced for the two apartments
  • The ground floor on its northern part consists of an open plan living, dinning and kitchen area, a shower room with toilet and a spacious 1 bedroom. On its southern part it was previously used as a nursery school and consist of a separate kitchenette and five rooms.
  • The property could either be renovated and brought back to its licensed usage as a home or used as two different properties subject to acquiring the relevant permits.
  • The upper floor apartment consists of a kitchen with a laundry room/kitchenette and sitting area, a living room with a dinning area, three bedrooms of which the master bedroom is en suite, a bathroom with a bathtub and a toilet and a bathroom with a shower and toilet.
  • Constructed approx. in 1992.

Location

  • The property is located in Agios Georgios parish, in Latsia Municipality, Nicosia, under Land Reg. No. 2/3032.
  • It is adjacent to Ikarou street, approx. 80 m. east of Giannou Kranidioti Avenue and 2 km eastwest GSP stadium in a close proximity to the highway.
  • The immediate area of the property is mainly characterized by residential units such as houses as well as residential land.

Tenancy

  • Vacant Possession

Zoning

  • The property falls within the "Εβ3” Commercial Zone, which allows 160% building coefficient, 50% building coverage, 6 floors and up to 24 meters height.

Accommodation

The property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:

  • Renovated building Consisting of two specious, three-bedroom apartemnts, Ground Floor and Upper floor.
  • Interested parties are advised to undertake their own inquiries to confirm property / building measurements.

VAT

Please refer to Legal Documents

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*Terms & Conditions

Islanders Estate Agencies Ltd (as a licenced Estate Agent), T/A BidX1 Cyprus Sales, Registration No. 1251, Licence No. 625/E. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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