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.

Available for sale is the 1/2 share of each of property (regarding the eastern warehouse), which accounts for an area of ​​approximately 1,210 sq m. in a unique location, in the Kaimakli Parish, Nicosia Municipality. It is located on Kolokotroni Street, approximately 625 meters northeast of Pallouriotissa Primary School and approximately 500 meters north of John Kennedy Avenue.

It has a regular shape with an even surface and it is landlocked.  Access to the property is via a right of way, as well as in a Special Character Area.

It has a trapezoidal shape with a smooth flat surface and abuts a registered road on its northern border, with a total road frontage of approximately 55 meters.

The warehouse was built around 1993 and is in moderate condition. It has an area of ​​covered spaces of approximately 600 meters.

The property falls within Urban Planning Zone EΠ6

Rights/Easments:

Subject to the right to install, use and maintain cables and a 3.05 and 1.50 meter wide crossing, as shown in the red plan 3 (Β689/89) (File No. 1/ΑΕΔ/46594/1980). Property due: Reg. No. 6/1116, sheet 21, plan 47E1, section 6, plot 880, Kaimakli

Subject to the right to install, use and maintain cables and a 1.50 meter wide crossing, as shown in plan red 3 (Β689/89) (File No. 1/ΑΕΔ/46595/1980). Property due: Reg. No. 6/1116, sheet 21, plan 47E1, section 6, plot 880, Kaimakli

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: Kaimakli