Field (Share) - Geri, Nicosia
Subject to VAT
1/3 share of a commercial field, located in Geri municipality, at a short distance west of the Town Hall. It abuts on Geriou Avenue on its northern boundary and on Foti Pitta street on its western boundary. It has an even and slightly sloping surface The building density of the property allows for the construction of a three-storey commercial building which could be used for private use or for the purpose of renting. The fact that the plot division works have been completed is considered as an advantage. It is noted that there is a distribution agreement with the 1/3 share that is for sale to be the eastern part of the property (number 1 on the topographical plan).. The property is affected by road widening and compulsory acquisition.
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 Asset Management Cyprus Ltd 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 Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.
Tenders submitted for an Amount below the Reserve Price shall be rejected.
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.
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