Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Field (share) - Geri, Nicosia

Nicosia - Ref. PR44385Map

Field-Geri-PR44385
Field-Geri-PR44385
Field-Geri-PR44385
Field-Geri-PR44385
Field-Geri-PR44385
Field-Geri-PR44385
Direct Sale of Collateral
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Field (share) - Geri, Nicosia

Ref. PR44385

Maybe subject to VAT

88,000

Reserve Price

  • 2,639 m2 (whole share)
  • Share for sale:


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.

Available for sale is the 1/2 undivided vacant share of a residential field, that corresponds to approximately 1,319 sq.m., in Geri Municipality in Nicosia District. It is located approximately 500 meters east of the 1st Elementary School of Geri and approximately 300 meters east of the church of Agios Minas.

It has an rectangular shape, an flat surface and north facing with a frontage of approximately 45 meters on a public registered road. It should be noted that there is an old house of the property, built with poor quality materials.

The property falls within the Residential Zone Κα7, having a building density of 80%.

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: Geri

Characteristics

  • Use: Agricultural
  • Land area: 2,639 m2 (whole share)
  • Title deed: The property has a separate title deed

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR44385 7/293 31/17W1 0 427

Tender Form

The Tenderers may submit their Tenders within seven (7) calendar days from the publication date displayed on https://www.altamirarealestate.com.cy/ (hereinafter "Altamira Website"). In the case where it is decided that the period of seven (7) calendar days is not sufficient, the period may be extended by an announcement to that effect on Altamira Website as indicated above within the Tender Form Section of each property. Following the expiration of the submission period, if no Tender has been submitted, the property will remain on Altamira Website and the submission period shall be extended on a weekly basis. Otherwise, in the case where a Tender has been received, the property will be removed from Altamira Website.

Location

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(35.107529, 33.425602)

Seller

COOPERATIVE ASSET MANAGEMENT COMPANY LTD

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