TENDER SUBMISSION DEADLINE:
TUESDAY 14 MAY 2024, 10:00 a.m.

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.

Please note that:
(a) only offers that exceed the reserve price shall be reviewed; and
(b) the mortgagee shall not pay any real estate agent’s fees. If a prospective purchaser appoints a real estate agent, it is their obligation to pay the real estate agent’s fee.

Office in an excellent location in Agioi Omologites Quarter in Nicosia Municipality. It is located on Kyriakou Matsi at a distance of 510 meters (approx.) east of Presidential Palace and 430 meters (approx.) west of Nikis Avenue.

The property is ideally situated close to an abundance of amenities and services such as supermarkets, shops, restaurants, cafes, schools etc. In addition,  it enjoys excellent access to the Nicosia city center and the motorway.

The office was constructed in 1994, it is part of the residential building named “ATHENAEUM” and It is located on the 3rd floor with door No 402. The office has a right of use of parking with number 11 and parking on the basement with number 4. It consists of reception area, small kitchen, two toilets, two offices and a covered veranda, which onside it has been covered to the office area. 

The office has 81sq.m. covered areas and 50sq.m. covered verandas.

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: Agioi Omologites

Unit No: 402