The property under study comprises of a three-storey building located in Latsia-Geri Municipality, of Nicosia District. The property is situated approximately 580 meters north of Geriou Avenue, 50 meters west of Athalassis Avenue and 530 meters northeast from «A’ Geri Elementary School».

It is situated on a rectangular plot, with an even surface and abuts onto a registered road (Michael Karaoli Street, No.5) along its northeastern boundary, with a frontage of approximately 20 meters.

Within the plot there is a three-storey building. On the ground floor there is a house and a parking spaces, on the first floor there is an upper floor house and the second floor comprises of an incomplete unit. The building was erected in 1992 (circa) with a concrete frame and masonry bricks.

Ground floor house:

The unit consists of an open plan space with a living room and kitchen, one (1) bedroom and a main bathroom. The house has an internal area of approximate 100m².  

Upper floor house:

The property consists of a living room, dinning room, kitchen, laundry room, three (3) bedrooms where the master bedroom has an ensuite bathroom, a main bathroom with WC, a additional guest WC and three (3) covered verandas. Based on the DLS info, the unit has an internal area of approximate 235m² and covered verandas of approximately 42m².

Incomplete house on the second floor:

The building has only been partially constructed, with the columns and roof completed. The state of the unit has remained incomplete since 1992. Based on the DLS it has an area of approximate 235m².

Externally, there is covered parking area for 2 cars.

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: Geri