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. The property for sale a four-bedroom detached two-storey house with a basement in Platy Aglantzias, in Nicosia District. It is located about 450 meters east from the Melkonian Institute and 250 meters south from the "Filoxenia" Conference Center.It is an area that has a long-standing demand for houses because of its proximity to all services and amenities.The house was constructed in 2003 and is in a very good condition. It consists of a basement, ground floor and first floor. The ground floor consists of sitting room, living room, dining room, kitchen with sitting room, laundry room and guest bathroom. On the first floor there are four bedrooms (the master bedroom is en-suite with a wardrobe area), an office and a bathroom with WC.Outside there is an organized yard with a barbecue area and a covered parking area.The basement has an area of 120 sq.m. and consists of a maid's room with a separate kitchen and en-suite shower with toilet, two storerooms, an engine room and sanitary facilities.The property has a total internal area of about 350 sq.m., plus 75 sq.m. of covered verandas, plus 36 sq.m. of uncovered verandas. The plot area is 512 sq.m.The property is occupied. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED Tenders submitted for an Amount below the Reserve Price shall be rejected. 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: Aglantzia
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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