Incomplete development in Tseri Municipality, in Nicosia District, at approximately 40 meters north of Kosta Misiouli Avenue and approximately 420 meters northwest of Tseri Primary School.

The property is situated close to all necessary amenities and services. In addition, it enjoys good access to the neighboring communities and municipalities.

The development consists of 4 two-storey semi-detached houses.

 All the residences consist of the ground floor of a single living-dining room with a kitchen and a wc, while on the first floor there are two bedrooms, a bathroom with wc and veranda.

House no. 1 is at the stage where the foundation and ground floor pillars have been constructed.

House no. 2 is at the stage where the foundation and ground floor roof, ground floor and first floor pillars, and a very small part of the ground floor masonry have been constructed.

House no. 3 is at the stage where the foundation, the roof, the pillars of both floors, and a very small part of the ground floor masonry have been constructed.

House no. 4 requires exterior and interior plastering and painting to be fully completed.

The areas of the residences are as follows:

Area of House 1 (northern border): 134 sq.m.

Area of House 2 (central - northern border): 144 sq.m.

Area of House 3 (central - southern border): 140 sq.m.

Area of House 4 (southern border): 140 sq.m.

Total Area of 4 Houses: 558 sq.m.

Noted that the property is occupied.

It is considered as an appealing investment opportunity.

THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED

The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).

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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: Tseri