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.

Detached four-storey building, which concerns the ½ undivided share in the Municipality of Engomi, Nicosia District. The property is situated on Makedonitissis Street, approximately 330 metres northwest of Makedonitissa Gymnasium and approximately 930 metres north of the Government Exhibition.

The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc.

The parcel has a regular shape, a flat surface and abuts the Makedonitissis street on its western border with a frontage of approximately 22 meters.

The building comprises two shops on the ground floor and three apartments situated on the three upper floors. In addition, there is an auxiliary building on the ground floor. The building was built around 1977.

One of the ground-floor shops consists of an open-plan area, while the second shop comprises an open-plan area, a kitchen, and two toilet facilities. The three apartments on the upper floors are identical and consist of a living room, dining area, office space, kitchen, three bedrooms, a guest WC, a bathroom with WC, and verandas.

Shop No.1 on the ground floor: Internal area: 164 sq.m. Uncovered verandas: 19 sq.m.

Shop No. 2 on the ground floor: Internal area: 25 sq.m. Covered verandas: 6 sq.m.

Auxilliary building on the ground floor: Internal area: 34 sq.m.

Apartment on the 1st floor: Internal area: 185 sq.m. Covered verandas: 29 sq.m.

Apartment on the 2nd floor: Internal area: 185 sq.m. Covered verandas: 29 sq.m.

Apartment on the 3rd floor: Internal area: 185 sq.m. Covered verandas: 29 sq.m.

The property is suitable for private use or for rental use with a good return.

Notes:

There are buildings on the property that are not mentioned in the registration.

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: Egkomi