Flat - Palouriotissa, Nicosia
Not subject to VAT
Large three bedroom whole-floor apartment in a central location in Panagia quarter of Nicosia municipality. The property facing on Agios Nikolaos street No.41, at a distance of 130 meters (approx.) west of Palouriotissa Primary School and 250 meters (approx.) north of Lidl supermarket (John Kenedy Avenue).
It is ideally situated close to a plethora of amenities and services such as supermarkets, shops, restaurants, schools etc. In addition, it enjoy excellent access to the main town routes and the city center.
The apartment number 201 is located on the whole 2nd floor of a small residential building which were built around 2014. It consists of a living room, kitchen, office, three bedrooms (all are en-suite), bathroom and covered verandas.
It has an internal covered area of 176sqm (approx.) and 13sqm (approx.) of covered verandas. It has also its own parking space on the ground floor.
It is noted that the building has a distribution agreement and the flat for sale corresponds to the 1/3 share of the property.
Its size is ideal for large families but it can also be used as an investment for rental with a satisfactory rate of return.
It is noted that the flat is rented for €850/month with with a yield of 5,2%.
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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Municipality: Nicosia Municipality
Unit No: 201
The property is rented
COOPERATIVE ASSET MANAGEMENT COMPANY LTD