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 mixed-use building (1 shop, 1 apartment on the ground floor & 1 apartment on the 2nd floor), which is located in Agios Vasileios quarter, of Strovolos Municipality, of Nicosia District. It is located approximately 115 meters north of Athalassa Avenue and approximately 305 meters east of the Acropolis Park.

The property is ideally located near to all kinds of services and amenities such as supermarkets, schools, cafes, shops, etc.

The shop on the ground floor (northern part of the ground floor) has been converted into an apartment/studio and consists of an open-plan kitchen, dining room, living room and bedroom. The ground floor apartment (southern part of the ground floor) consists of an open plan kitchen, dining room, living room, a bathroom with w.c and a bedroom. The apartment on the 2nd floor consists of an open-plan kitchen, dining room, living room, two bedrooms, a bathroom with w.c and a shower with w.c.

The ground floor shop has an area of ​​approximately 40 sqm, the ground floor apartment approximately 35 sqm and the apartment on the 2nd floor approximately 82 sqm.

It is noted that the property for sale is the 1/4 undivided share of the above mix use building.

All units do not have separate title deeds.

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: Strovolos

Quarter: Apostolos Varnavas