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 storey detached house, which concerns the ½ undivided share, which corresponds to a land area of ​​approximately 1,511 sq.m., in the Palaiometocho community, in the Nicosia district. It is situated approximately 1.1 km from the community center.

The parcel has an almost rectangular shape and flat surface. According to the title deed, it has access via a right of way from neighboring parcels, which leads to a registered public road. It also abuts a green space along its southwestern boundary.

The house is situated in the northern part of the parcel and was built around 1999.

The area of ​​the interior spaces of the house amounts to 279 sq.m. (approximately) and covered verandas to 13 sq.m (approx.).

Notes:

There are buildings not mentioned in the entry (1/EΣ/1305/2004).

Rights / Easments: With a right of way ALONG THE NORTH SIDE AS SHOWN IN RED ON PLAN No. 11 (A100/82) (File No. 1/AEΔ/42330/1980). Property in question: Registration No. 0/26427, plan 2-218-389, section 14, plot 90, Nicosia, Palaiometocho.

 With a right of way ALONG THE SOUTHERN SIDE AS SHOWN IN RED ON PLAN No. 11 (A100/82) (File No. 1/AEΔ/42331/1980). Property in question: Registration No. 0/30487, plan 2-218-389, section 14, plot 89, Nicosia, Palaiometocho.

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