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.

The property for sale is part of a building (basement, shop and two vertical floors), in an active and central location, within the city of Nicosia Municipality. It is located in the parish of Agios Antonios, of the Municipality of Nicosia in the District of Nicosia, on Digeni Akrita Avenue and approximately 185 meters east of the Lycabettus Police Station.

This is an area that has consistently shown a high demand for mixed-use buildings and apartments due to its proximity to all kinds of services and amenities.

The building was builted around 1965 and consists of a basement, a shop on the ground floor, a workshop on the 1st floor and an apartment on the 2nd floor.

The building has a basement area of ​​140 sq.m., a shop area of ​​140 sq.m. and an area of ​​two vertical floors of 233 sq.m. now 25 sq.m. covered terraces.

It is noted that the property for sale is the 1/3 undivided share of the above commercial building.

Note:

• There are buildings 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: Nicosia Municipality

Quarter: Agios Antonios