House - Oikos, Nicosia
Not subject to VAT
The property for sale is a residential building in Oikos community, in Nicosia district. It is situated 300 meters (approx.) east from the centre of the community.
The building corresponds to the 1/2 share of the property and it is located on the eastern part of the field with a land area of 615sqm (approx.). The building consists of a ground floor house and an upper floor house.
The ground floor house was constructed in 1975 and used as a storage. The area of the internal spaces is 108sqm.
The upper-level house was constructed in 1995 and consists of open plan kitchen with sitting area, bathroom and two bedrooms . The area of the internal spaces is 105sqm.
It is important to note that the properties have not separate title deeds. The ground floor house is vacant and the upper-level house is occupied.
THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED
The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).
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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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COOPERATIVE ASSET MANAGEMENT COMPANY LTD