Farm - Geri, Nicosia
Maybe subject to VAT
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.
Please note that:
(a) only offers that exceed the reserve price shall be reviewed; and
(b) the mortgagee shall not pay any real estate agent’s fees. If a prospective purchaser appoints a real estate agent, it is their obligation to pay the real estate agent’s fee.
Livestock field in Geri Municipality, in Nicosia District. It is situated 2km (approx.) soutwset from the Municipality center and 895 meters (approx.) east from Idaliou street.
The field has an irregular shape and a small declined surface. The property abuts to a road under division on its western boundary.
The property falls within the livestock zone Γγ1 with building density of 30%.
Within the plot there are animal breeding facilities, which were developed around 2005. The main building consists on the ground floor, of a kitchen, toilet with shower and rooms. On the first floor, it consists of an office with toilet and shower and storage. In the northwest part of the floor there is a room with a kitchen, a toilet with a shower and a bedroom, as well as a milking room. Within the plot there are shelters for the animals.
The main building has an area of 144 sq.m., the milking room 75 sq.m., the shelters 2,536 sq.m. and the maternity building of 226 sq.m.
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 Asset Management Cyprus Ltd 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 Asset Management Cyprus Ltd (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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