The property is a farm - a livestock facility for breeding cows, located in Paleometocho community, in Nicosia district. It is located approximately 1,5 km southwest of the community center and approximately 600 meters west of the 2nd Elementary School of Paleometocho.

It has an irregular shape and an even surface. It abuts onto a registered road along its southwestern border with total frontage of approximately 85 meters.

The property was built around 1995 and consists of outdoor areas (animal stalls), partially covered by metal sheds and enclosed by a metal fence, two conventional-construction buildings, one of which is incomplete (at the masonry stage), as well as three cylindrical metal silos and a large metal structure (warehouse).

The total area of the buildings is 454 sq.m. (approx.).

The asset is occupied.

The property falls within the Agriculture Zone Γ3 with a building density of 10%.

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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District: Nicosia

Municipality: Paleometocho