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.

One bedroom apartment, in the Agios Eleftherios parish, in Latsia Municipality, in the Nicosia District. It is located approximately 260 meters west from the Latsia High School and approximately 900 meters southeast of the Hospital roundabout.

The property is ideally located close to a variety of services and amenities such as schools, banks, shops, etc.

The apartment number 19 and is located on the ground floor of a two-story building, and is which was built in the year 1976. It consists of an open plan living room - kitchen, toilet with shower, one bedroom and a covered veranda.

The apartment has an internal covered area of 39 sq.m. and 4 sq.m. of covered verandas.

It has also a separate title deed.

Title notes:

Transfer is prohibited until 5 years have elapsed from the date of registration to the beneficiary, except (a) to children, provided that the same restriction applies (b) if the property is compulsorily sold by court order and (c) if death is the necessary cause (Regulation 7, K.D.P. 163/06) (1/EΣ/34/2011).

The possession of the building and the units comprising it is governed by Article 38 B-39 I of Law Cap. 224. (1/EΣ/1718/2008)

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: Latsia

Quarter: Agios Eleftherios

Unit No: 19