The property for sale is a farm in Malounta community of Nicosia district. It is situated approximately 2.8 km northwest from the center of the community and approximately 1.9 km northeast from Agrokipia community centre.

The property also benefits from relatively easy access to neighboring villages and surrounding countryside.

The property has an irregular shape and sloping surface. It abuts a public registered road on its eastern boundary with a frontage of approximately 90 meters.

Within the property there is an incomplete house and a livestock unit which consists of a milking and storage area of milk, silos and storage areas for hay. The property was built in circa 2004.

On spot, the total area of the warehouse is approximately 760 sq.m. and the house is approximately 60 sq.m.

In addition, the field is suitable for livestock and agricultural exploitation. The building factor allowed in the zone is from 30%, depending on the development.

It is worth noting that the property has issued building permits for a rabbit Sheepfold.

The property is vacant.

THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED

The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).

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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: Malounta