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.

Mix- use building, located in the Panagia quarter, within Nicosia Municipality, Nicosia District. It is situated approximately 95 metres north of the 1st Primary School of Palouriotissa and approximately 175 metres north-west of Agios Andreas Avenue.

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

The building it seems to comprises of a shop on the ground floor and flats on the two upper floors, it was built around 1976 and is in a good state of repair.

Externally there is a courtyard and a small covered car parking.

The total internal floor area of the entire building is 1,050 m² (approximately).

Notes:

There are buildings that are not mentioned in the registration  (1/ΕΣ/69787/1980).

Voluntary transfer and/or pledging is prohibited. Certificate not authorised works (THE PROPERTY HAS CHANGED USE FROM A RESIDENTIAL PROPERTY TO A WAREHOUSE, ON THE SOUTH SIDE OF THE PROPERTY, A CARPORT WAS ERECTED, THE FENCE ON THE ROAD SYN. BOREAS) (1/ES/2783/1900)

Voluntary transfer and/or pledge is prohibited. Certificate not authorised works (ON THE SOUTH SIDE OF THE PROPERTY A SUB-DIVISION WAS CARRIED OUT BY THE AUTHORITIES, THE FENCE ON THE ROADBOUNDARY ON THE NORTH SIDE OF THE TOWN PLOT, THE FOOTPATH DOES NOT COMPLY WITH THE ROAD LAWS (1/ES/2784/1900)

Voluntary transfer or/and pledge is prohibited. Certificate not authorised works (ON THE SOUTH SIDE OF THE HIGH STREET, UNDER THE AUTHORITY OF THE LOCAL AUTHORITY, THE PERIFERICAL DIRECTORATE OF THE ROAD NETWORK IN THE NORTHERN REGION, ETC.) (1/ES/2785/1900)

Voluntary transfer and/or pledge is prohibited. Certificate not authorised works (on the South Side, erected by the Motor Vehicle Department, THE ROADBOARD ON THE NORTH SIDE ETC.) (1/ES/2786/1900)

Voluntary transfer and/or pledge is prohibited. Certificate not authorised works (ON THE SOUTH SIDE OF THE HIGH STREET, THE ENCLOSURE ON THE ROAD CONTRACT ON THE NORTH SIDE, ETC.) (1/ES/2787/1900)

Voluntary transfer and/or pledge is prohibited. Certificate of non-authorised works (at the notarial office). SIDE OF THE HOUSE OF ANEGERETZKI, SUB-DIVISION OF THE AUTOCINET, THE FENCE ON THE RIGHT-HAND SIDE OF THE ROAD. SYN. OF THE NORTH SIDE, KLP SIDE) (1/ES/2788/1900)

Voluntary transfer and/or pledging is prohibited. Certificate not Authorised Works P/KKO NOT AUTHORISED WORKS NO. 10595/14, A/A1/536 (1/ES/2788/2014)

Voluntary transfer and/or pledge is prohibited. Certificate no. authorised transactions. No. 10594/14, A/A1/535 (1/ES/2787/2014)

Voluntary transfer and/or pledge is prohibited. Certificate no. Authorised Works P/KCO UNAUTHORISED WORKS NO. 10593/14, A/A1/534 (1/ES/2786/2014)

Voluntary transfer or/and pledge is prohibited. Certificate no Authorised Works P/KCO UNAUTHORISED WORKS NO. 10592/14, A/A1/533 (1/ES/2785/2014)

Voluntary transfer and/or pledge is prohibited. Certificate no. Authorised Works P/KCO UNAUTHORISED WORKS NO. 10590/14, A/A1/531 (1/ES/2783/2014)

Voluntary transfer or/and pledge is prohibited. Certificate not of Undertakings P/K/O NOT AUTHORISED UNDERTAKINGS NO. 10591/14, A/A1/532 (1/ES/2784/2014)

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: Panagia