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.

Incomplete unit in Panagia Parish, Nicosia Municipality, Nicosia District. It is situated approximately 260 meters southeast of Palouriotissa C' Primary School and approximately 30 meters north of John Kennedy Avenue.

The property is ideally situated close to a plethora of amenities and services such as shops, restaurants, cafes, supermarkets etc. In addition, it has excellent access to the center of the Municipality. It is an excellent location with intense mobility throughout the day which designates an increased demand for commercial properties.

The unit (file plan no. 1) is located on the northern part of the ground floor of the building, which was constructed circa 1984. According to the special plans, the unit comprises a shop.

The internal area is 107 sq.m.

It has a separate title deed.

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