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.

Building for sale, which concerns a 3/5 share, located in the Kaimakli quarter, in Nicosia Municipality, in the district of Nicosia. It is located approximately of 300 meters north of Agios Ilarionos Avenue and approximately of 950 meters northwest of the "Bata" roundabout.

This area has consistently high demand for houses and apartments due to its proximity to all kinds of services and amenities.

The plot has an irregular shape with a smooth flat surface and abuts Kerameikos public road on its southeastern border, with a frontage of approximately 25 meters.

Within the property there is an unfinished building which began construction around 2012. The building's frame has been constructed, the pylon and the four floors, a large part of the walls have been erected, as well as part of the electrical and mechanical installations.

The internal area of the building is approximately 797 sq.m., the covered terraces are approximately 181 sq.m., the uncovered terraces are approximately 111 sq.m., and the entrance hall is approximately 278 sq.m. (approx.).

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