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.

Two storey building  in Panagia Parish, in Nicosia municipality of Nicosia district. It is situated at a distance approximately 360m southeast of the community Primary School and approximately 500m south of the church of Panagia Odigitria.

It has aν almost rectangular shape with an flat surface and has south facing with a frontage of approximately 25 meters on a public registered road.

The building was constructed around 1982. The ground floor consists of shops and the first floor of flats.

The property falls within the Commercial Zone EZ-α, having a building density of 200%.  

Notes:

There are buildings not mentioned in the entry. (1/EΣ/69735/1980)

Voluntary transfer and/or mortgaging is prohibited. Certificate of unauthorised works: P/KO unauthorised works No. 10869/14, A/A1/779. (1/EΣ/5396/2014)

No. 10868/14, Ref. No. 1/780. (1/EΣ/5397/2014)

No. 10872/14, Ref. No. 1/781. (1/EΣ/5398/2014)

No. 10871/14, Ref. No. 1/782. (1/EΣ/5399/2014)

No. 10870/14, Ref. No. 1/784. (1/EΣ/5403/2014)

No. 10875/14, Ref. No. 1/785. (1/EΣ/5404/2014)

No. 10874/14, A/A1/786. (1/EΣ/5405/2014)

No. 10873/14, A/A1/787. (1/EΣ/5406/2014)

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

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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.

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District: Nicosia

Municipality: Nicosia Municipality

Quarter: Panagia