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.

Three-storey building in Polystipos community, in the District of Nicosia. The property is located approximately 130 meters northwest of the village church (St. Nicholas) and approximately 2 km northwest of the village of Alona.

The house was built around 1960 and the ground floor was partially renovated around 2010. The ground floor includes an abandoned space that was used as a café and a two-storey basement building, consisting of an upper basement level used as a residence and a lower level used as storage spaces. The café consists of an open-plan kitchen area, an open-plan space used as an entertainment hall, and 2 bathrooms. The upper floor of the two-storey basement building consists of two contiguous residences, one comprising 6 bedrooms, 2 bathrooms, and a kitchen, and the other comprising 4 bedrooms, 1 bathroom, and a kitchen.

The area of ​​the internal spaces of the café amounts to 75 sq.m. (approximately), and of the two-storey basement building to approximately 215 sq.m. (the upper floor is 145 sqm and the lower floor is 70 sqm approximately).

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: Polistypos