Plot (share) - Agios Antonios, Nicosia
Maybe subject to VAT
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.
The property for sale is the 1/2 undivided share of a residential plot which corresponds to an area of 372 sqm (approx.).
It is located in the popular area of Lykavitos, in Agios Antonios Quarter in Nicosia Municipality, at a distance of 390 meters (approx.) south of “Agiou Antoniou” market and 370 meters (approx.) north of Archbishop Makareiou III avenue.
It is ideally situated close to a plethora of amenities and services such as supermarkets, schools, shops, restaurants etc. It is an excellent location with high demand for properties due to its attractiveness and accessibility.
The plot has a rectangular shape and a level surface. It abuts a public road along its northern boundary with a frontage of 25 meters (approx.).
Within the property there is ground floor house which does non bear any economic value.
It has a high building density, 140%, making it suitable for the construction of a block of flats.
It is considered as an ideal choice for a land developer or an individual.
THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED
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 Asset Management Cyprus Ltd 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 Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.
Tenders submitted for an Amount below the Reserve Price shall be rejected.
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.
Municipality: Nicosia Municipality
Quarter: Agios Antonios
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