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.

Residential building, located in the Panagia quarter, within Nicosia Municipality, Nicosia District. It is situated approximately 380 meters west of the Church of Panagia Evangelistria and approximately 300 meters south of the Pallouriotissa Gymnasium School.

The property is ideally located close to a variety of services and amenities such as schools, banks, shops, etc.

The building comprises a semi-detached two-storey building on the southern boundary (ground floor and first-floor flat) and a semi-detached ground-floor house on the northern boundary.

Externally there is a courtyard.

The total internal area of the entire building is 360 m² (approximately) and the area of the covered verandas is 79 m² (approximately).

Noted that the buildings are economically obsolete.

 The property is situated within the Commercial Development Zone (East) – Outside the City Walls, with a building density of 200%.

Notes:

There are buildings that are not mentioned in the registration  (1/ΕΣ/69694/1980).

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: Panagia