IMPORTANT NOTICE
This is a direct sale of a mortgaged property, in accordance with article 44H (3) of the Immovable Property (Transfer and Mortgage) Law of 1965, as amended from time to time.

Please note that:
(a) only offers that exceed the reserve price shall be reviewed; and
(b) the mortgagee shall not pay any real estate agent’s fees. If a prospective purchaser appoints a real estate agent, it is their obligation to pay the real estate agent’s fee.

The property for sale is a two-storey commercial building, in Agia Napa Municipality, in Famagusta District. It is located on Tefkrou Anthia street, approximately 290 meters south of the Primary School of Agia Napa and approximately 270 meters north of Agia Napa church.

The property is ideally situated close to a plethora of amenities and services such as supermarkets, schools, shops, restaurants etc. In addition, it enjoys excellent access to the neighboring communities and municipalities.

The building was built around 1985 and comprises of a ground floor and an upper floor. It consists of three consolidated shops with a toilet and kitchen, which appears to have functioned as a kiosk, and five further consolidated shops which functioned as a bar. The first floor has been converted and operated as a restaurant and consisted of two storage rooms, a kitchen, a room, a bar, men's and women's toilets and an uncovered dining veranda.

  The total covered area is 560 sq.m. , an arcade of 30sq.m. and the uncovered verandas is 105sq.m.

Notes:

• There are buildings that are not mentioned in the registration (3/ΕΣ/23818/1980)
• Temporary title issued in accordance with article 10 of Law 44/84

Tenders submitted for an Amount below the Reserve Price shall be rejected.

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 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: Famagusta

Municipality: Agia Napa