Property 0/7947

• An incomplete two-storey apartment block with basement within a residential field of 1,048 sq.m.
• A building permit was granted for the development of an additional similar apartment block which has expired in 11/2010. 
• We are informed that the apartment block will comprise of 8 parking spaces, 7 storage rooms, w/c for persons with disabilities, and 7 apartments (3 x 2-bedroom apartment and 4 x 1-bedroom apartments). Analytical measurements of the apartments in the table below.
• Existing structure is incomplete: We are informed that the construction is at the 3rd stage of plastering (painted externally), railing at the balconies and with a granite flooring at the lobby and ceramic tiles at the apartments (notice that significant repairing work need to be done). There is a provision for a/c installation and provision for the electrical appliances. Sewerage and plumbing is completed.
• Remaining works: woodworks (kitchen, doors, wardrobes, etc), aluminium works, sanitary fittings

Property 0/7953

• A residential plot with flat and even surface.
• The property benefits from road frontage along its south, north and east borders.  
• We have been informed that the property extends to approx. 2,554 sq.m.

• The properties are located in Ayios Eleftherios quarter of Latsia municipality, Nicosia, under Land Reg. No. 0/7947 and 0/7953.
• Property 0/7947 is situated in a quiet neighbourhood with a corner position onto Chrysostomou street and Thrakis street (dead-end road) and it is located approx. 370 m. west of the Latsia Lyceum, approx. 1.3km north of Latsia Municipality centre and approx. 1.6 km east of Nicosia – Limassol motorway.
• Property 0/7953 is adjacent to Aiantos Street along its eastern border for approx. 16 m., to Evagora Papachristoforou street along its southern border for approx. 50 m. and to Andrea Mikellidi street along its western border for approx. 50 m and it is located approx. 150 m. east of Arch. Makariou III avenue, approx. 120 m. south of Kantaras avenue and approx. 1.4 km east of the Nicosia – Limassol motorway.
• The immediate area of the properties is mainly characterized by residential developments such houses and apartment buildings.

Vacant possession.

The properties falls within the “Κα5” Residential Zone which allows for 100% building density, 50% building coverage, 3 floors and up to 13.50 meters height.

The properties were not inspected or measured by BidX1. The information was provided by the Vendor. We have been informed that the property provides:

Property 0/7947

• 3 x Two Bedroom Apartments
• 4 x One Bedroom Apartments

Property 0/7953

• Site area extending to approximately 2.554 sq.m.
• It is recommended that interested parties undertake their own inquiries to confirm property measurements.