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.

Detached house with three bedroom, in the community of Palaiometocho, Nicosia district. It is located at a distance of approximately 1.6 km northeast of the center of the Community and approximately 180 meters from the Kokinotrimithia - Agioi Trimithias road.

The accessibility of the property is considered good both to the surrounding areas and to the urban center of the Nicosia capital and the Nicosia-Troodos highway and is served by all the services and facilities offered in the immediate area.

The parcel is rectangular in shape, flat surface, south facing with frontage on approximately 52 meters of public registered road. The house has been erected on the western part of the parcel, while the eastern part is vacant.

The house has been constructed around the year 2003 and is in a moderate state of maintenance. The house on the first floor consists of an open plan living - dining area, kitchen with a dining area, laundry room, office, guest toilet, three bedrooms of which the main one has an ensuite toilet with shower and a wardrobe. The ground floor consists of an open plan living room - kitchen, office, guest toilet, toilet with shower, two covered parking spaces and boiler room. Externally it has terraces, courtyard and fencing.

It should be noted that conversions have been made on the ground floor, unauthorized without the necessary permits.

The area of the internal spaces (floor) is 210 sq.m (approx.), plus a porch (ground floor) of 200 sq.m (approx.) and covered verandas of 45 sq.m (approx.).

Notes:

The property is a building with an upper level house and shed in a field.

Rights / Jobs:

Subject to right of way. Beneficiary Property: Parcel 48, 51, 99, 94.

Permits:

Building permit No. 40814, File No. B393/2000 and dated 01/23/01, for a house with covered parking, storage, boiler room and fencing has been submitted.

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: Paleometocho

Unit No: 1