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 detached incomplete houses, in Arediou community, in the Nicosia district. It is situated approximately 1.8 km northwest of Griva Digeni Avenue and approximately 3.3 km northwest of the community center.

The parcel has an irregular shape, smooth surface and is adjacent to Agios Rafail  Street, with a west orientation, facing approximately 360 meters.

It should be noted that, in the central part of the parcel, there is an incomplete two storey house with a basement, and in the southern part of the parcel there is an incomplete single storey house. Construction work on the houses started around 2010.

The area of ​​the interior spaces of the house amounts to 497 sq.m. (approximately) and basement to 238 sq.m. (approx.).

The houses are being built on a property of a total area of 20,736 sq.m. and it falls within the agricultural zone Γ3 with a building density of 10%.

Rights / Easements:

Subject to a right of way. Beneficiary property: parcels 484 and 485.

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: Arediou