TENDER SUBMISSION DEADLINE:
TUESDAY 8 OCTOBER 2024, 10:00 a.m.

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 are equal or 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.

​​​​​Two-storey house in an attractive and popular location Agios Nicolaos Quarter, in Lakatamia Municipality, on Giagkos Matthaiou street, at a distance of 490 meters (approx.) west from Agios Ioannis Chrysostomos Gymnasium.

The property is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, it enjoys excellent access to the motorway and the center of Nicosia. It is an excellent location which designates an increased demand for residential properties due to its attractiveness and accessibility.

The house was constructed in 1994 (approx.) and its level of construction and maintenance is good. It consists of a living room/dining room as an open space, kitchen/sitting area as an open space, laundry room and guests toilet on the ground floor. The 1st floor consists of  three bedrooms (the main en-suite) and main bathroom. Through the main bedroom has access to an uncovered veranda of the terrace. Outside there are verandas, a covered parking, a boiler room, a garden with trees and  enclosure.

The area of the internal spaces is 210 sqm (approx.), the covered verandas 6 sqm (approx.) the uncovered verandas 24sqm (approx.) and the covered parking space 40 sqm(approx.).

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: Lakatameia

Quarter: Agios Nikolaos