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 concerns 2 adjacent commercial plots, within Agios Georgios Quarter, Latsia Municipality of Nicosia District.

The properties are located on Kithiron road, just 50 meters (aprox.) northwest of the intersection of Gianni Kranidioti and Philippou Papakyprianou avenues, opposite of the Lidl Supermarket. It is considered an excellent location with easy access both towards the center of the municipality and the Nicosia – Limassol motorway.

As a single unit, it has an irregular shape with a slight western slope and abuts onto two registered roads along its southern and eastern boundary Kythiron street and Vasou Panagidi street with a total frontage of approximately 63 meters.

Within the plots there is an unfinished basement building with a total area of approximately 800 sq m.

The properties fall within the Commercial Zone Εβ4, having a building density of 140%.

The properties are sold as a single unit with total area  of 1.246 sqm.

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: Latsia

Quarter: Agios Georgios