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TENDER SUBMISSION DEADLINE: TUESDAY 25 APRIL, 10:00 a.m. 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. 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. Two-storey house with swimming pool and basement in an attractive and popular location Archangelos/Anthoupoli Quarter, in Lakatamia Municipality, on Thail Milisou street, at a distance of 590 meters (approx.) southwest from the sports facilities of APOEL.The house was constructed around 2004 and is in excellent condition. It boasts large and comfortable spaces with sizable terraces and is ideal for large families.The property is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, it enjoys excellent access to the motorway and the center of Nicosia. It is an excellent location which designates an increased demand for residential properties due to its attractiveness and accessibility. Furthermore, the "Nicosia Mall" and "Jumbo" are also a short drive away.The house was constructed in 1997 (approx.) and its level of construction and maintenance is good. It consists of a living room/dining room as an open space, kitchen/sitting area as an open space, laundry room and guests toilet on the ground floor. The 1st floor consists of four bedrooms (the main en-suite) and main bathroom. The basement comprises of a boiler room, a shower with toilets, a storage and parking space. Outside there is a beautiful garden area with trees, covered/ uncovered verandas and swimming pool. It also has a barbeque area.The area of the internal spaces is 305 sqm (approx.), the covered verandas 45 sqm (approx.) the basement 90sqm (approx.) and the parking space 95 sqm. 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 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. - - - - - - - - - - - - - District: Nicosia Municipality: Lakatameia Quarter: Archangelos / Anthoupolis
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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