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 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.

The property for sale is a two-storey detached house (west section) and a ground-floor detached house with auxiliary buildings (east section), located in an excellent and central location in Geroskipou Municipality, in Paphos District. They are located on Georgios Grivas Digeni Avenue, at a distance of approximately 575 meters northwest of Geroskipou Gymnasium and approximatelly 185 meters north of Geroskipou 2nd Primary School.

The property is ideally located close to a multitude of services and amenities such as shops, restaurants, cafes, etc. It has excellent access to the center of Geroskipou Municipality.

The two-storey house (west section) which is divided into a ground floor house and an upper floor house, has been built in two stages - the ground floor around 1998 and the upper floor around 2001. The ground floor house has been recently renovated and consists of a living room with dining area, separate kitchen, guest toilet, bathroom with WC, study room and three bedrooms (two are en-suite with shower). The area of the internal spaces of the ground floor is 173 sq.m. (approx.), plus verandas.

The first floor house consists of a living room with a dining are, separate kitchen, an office, a guest toilet, three bedrooms (the main bedroom is en-suite) and a bathroom with WC. The area of the internal spaces of the first floor is 185 sq.m. (approx.), plus verandas.

Externally there is a paved courtyard and swimming pool.

The ground-floor house  (east section) was built in around 1975 and is used as a private learning center. The area of the interior spaces of the ground floor building is 125 sq.m. (approx.) plus auxiliary buildings 40 sq.m. (approx.).

Notes:

• There are buildings that are not mentioned in the registration (6/ΕΣ/27508/1980)
• Open files: Separation and distribution according to article 29(8) chapter 24, 6/AX/436/2016
• Distribution agreed for the property (6/EΣ/1180/2019)

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

- - - - - - - - - - -

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.

 - - - - - - - - - - - - -

District: Paphos

Municipality: Geroskipou

Quarter: Geroskipou