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.

Industrial field situated in Dali industrial area which is considered as one of the most popular industrial areas of Cyprus. It is located on Neapolis street, 1.3 kilometers (approx.)  northeast of Lefkosias Avenue and 1.7 kilometers (approx.) east of the Nicosia-Limassol motorway (A1).

It enjoys excellent access to the motorway and the city of Nicosia. The immediate area of the property comprises of development and industrial buildings of various companies.

It has an almost rectangular shape and an even surface. The property can be accessed via a right of way.

Note that the field is affected by compulsory acquisition of approximate 281sqm.

Within the field there is a building with no economic value.

Rights / Easements:

• With a right of way of 3.05 meters wide along the north-western border as shown in red on the plan no. 17 (A383/930) (File No. 1/ΑΕΔ/49040/1980). Subject property: registration no. 10/26, sheet 30, plan 48W2, section 10, block 40, Nicosia, Municipality of Dali, Panagia Evangelistria.
• With a right of way width of 3.05 meters along the north-western border as shown in red on the drawing no. 17 (A383/930) (File No. 1/ΑΕΔ/49041/1980). Subject property: registration no. 10/258, sheet 30, plan 48W2, section 10, plot 311, Nicosia, Municipality of Dali, Panagia Evangelistria.

Notes:

Against the registration 10/257 of the Municipality of Dali are pending

1. ΔΑΕ 1164/06 - road construction
2. ΔΑΕ 587/03 - road construction

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: Dali

Quarter: Panagia Evangelistria