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.

Single storey detached house in the Parish of Agios Georgios, in the Municipality of Latsia. It is located approximately 20 meters east of the highway, approximately 1.1 km from the Gymnasium of Latsia and approximately 1.3 km southeast of the GSP Stadium.

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. It is an excellent location which designates an increased demand for residential properties due to its attractiveness and accessibility.

The house has been constructed on a parcel of 725sq.m., which is located in a cul de sac, has a flat surface, almost rectangular shape and north orientation with a frontage of approximately 27 meters on a public registered road. It also abuts government land on its western boundary.

Outside it has courtyard, covered terraces and vacant land.

The area of the internal spaces is 138 sqm (approx.), and the covered terraces 6 sqm (approx.).

The property falls within the Special Use Zone EX2 with a building density of 80%. The above planning zone allows the construction of offices, sports facilities, leisure/entertainment facilities, showrooms and other specialized developments. Residential development and plot separation are also allowed.

Notes:

We do not know the ownership status of the property.

There are buildings that are not mentioned in the registration (1/ΕΣ/700194/1998).

Rights/Jobs:

Subject to right of way. Beneficiary property: parcel 267 & 271.

Subject to life interest (File No. 1/ΑΕΔ/44462/1980)

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: Latsia

Quarter: Agios Georgios

Unit No: 8