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.

Mixed-use building in the Kakopetria Community, Nicosia District. It is located within the center of the village, 130 meters northeast of the Primary School and approximately 240 meters southeast of the Church of Saint Panteleimon.

It is located in an area with all the necessary services are very close by.

Within the plot there is a three-storey building, which consists of a house in the basement and a cafeteria which occupies the ground floor and the first floor. The house was built around the mid-1990s and the cafeteria around the mid-2000s.

The area of the house is approximately 200sq.m. of internal space and 25sq.m. of auxiliary space and the café is approximately 547sq.m. of internal space and 20sq.m. of auxiliary space.

Notes

There are buildings not mentioned in the entry (1/EΣ/95355/1980).

Rights / Duties

Subject to life interest.

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: Kakopetria