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3 Bedroom Semi-detached house
Geri, Nicosia
Offers in the region of

€52,000  ($59,129)

Bank Owned Property
ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

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Compared currency flag Pay in USD and save up to $2,070

Average Bank Rate (€52,000)
1 USD = 0.8497 EUR
$61,198

Mid-market rate (€52,000)
1 USD = 0.8794 EUR
$59,129

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 8898969 (132638)
  • Bedrooms: 3
  • Bathrooms: 1
  • Total covered area: 209 sqm
  • Plot: 349 sqm
  • Resale built in 1980

Description

Two-storey building comprising ¼ of the undivided share of the property, corresponding to a land area of approximately 87 s.qm, in Geri Municipality of Nicosia district. It is located approximately 340 meters south of Geriou Street and approximately 170 meters southeast of the Geriou Gymnasium. The property has good access to the center of the Municipality and the surrounding areas and is close to services and amenities of the area.The parcel has a regular shape, flat surface and abuts Elpidas Street along its eastern border, with a frontage of approximately 15 meters.The property abuts a green area along its western border.The building consists of a ground-floor house and an upper-floor house. The ground-floor residence was built around 1980, and the upper-floor residence around 2002 and it has recently been renovated. The upper-floor house consists of an open-plan living room and kitchen, a bathroom with a toilet and three bedrooms.The ground-floor house has internal area of 93 sq.m. (approximately) and covered verandas of 8 sq.m. (approximately) and uncovered verandas of 8 sq.m. (approximately). The upper-floor house has internal area of 116 sq.m. (approximately) and covered verandas of 8 sq.m. (approximately).The asset is occupied. 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). - - - - - - - - - - - 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.  - - - - - - - - - - - - - District: Nicosia Municipality: Geri

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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€780 ($887)
If buying on joint names
€780 ($887)

Disclaimer - Property reference 8898969. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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