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.

Plot in Kaimakli Parish, In the Nicosia Municipality, of Nicosia district. It is situated at a distance approximately 130m east of the Kantaras Street  and approximately 180m south from the “Bata” roundabout.

It has a irregular shape with an flat surface has a north and east orientation with a total frontage of approximately 20 meters on a publicly registered road. It also borders a green area on its eastern boundary and appears to be subject to a road widening scheme. It should be noted that within the plot there is a single story residence of approximately 75 sq. m., which was built around 1975.

The property falls within the Residential Zone Κα3, having a building density of 140%.  

Notes:

Half a plot of land (Section 29(8) of the Law, Chapter 224) (AX1965/1999) (1/EΣ/2506/2012)

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: Kaimakli