Commercial Development for sale in Ilioupoli, Nicosia

Two-storey incomplete block of flats in a quiet location in Konstantinou & Elenis Quarter in Dali Municipality, at a distance of 580 meters (approx.) south of “Karolina Park” and 530 meters (approx.) east of “Carlsberg” brewery.It is ideally situated close to all necessary amenities and services. In addition, it enjoys excellent access to the city of Nicosia and the neighboring communities.The building remains incomplete and the construction works are about 40% complete. It consists of a basement, ground floor and one upper floor. The construction stage that the flats are, is allowing the buyers to choose the finishes of their choice.The basement consists of  parking spaces and storages. Each of the above floors consists of a three-bedroom apartment and a two-bedroom apartment.The total area of the building is 480 sqm (approx.), the covered verandas 68 sqm (approx.), the uncovered verandas 23 sqm (approx.) and the basement 175 sqm (approx.).Advantage of the property is the fact that is adjacent to a green area on its eastern boundary.The property is considered as an appealing investment opportunity. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED 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. 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. District: Nicosia Municipality: Dali Quarter: Agioi Konstantinou & Elenis