Residential Building in Nicosia - Nicosia

Two apartments (part of a residential buildng) in Panayia Quarter of Nicosia Municipality. It is approximately 750 meters southwest of Sopaz roundabout and approximately 160 meters south of Jonh Kenedy Avenue.

It is ideally situated on one of the busiest streets of the area. The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc.

The apartments are part of a residential building with a total of three whole floor apartments which was erected in two phases (the ground floor around 1993 and the two floors around 2004).

The apartments are located on the 1st floor with door no. 101 and on the 2nd floor with door no. 201 and they are identical. They consist of sitting are with dinning area as an open space, kitchen with small sitting area, four bedrooms which the one is ensuite with shower, common bathroom with shower and covered verandas.

They are have internal area of 176sqm. and 34sqm. covered veranda.(each)

It is noted that the property has a distribution agreement, but the units do not have separate titles deeds.

According to the distribution agreement the share for sale (637/772) corresponds to the red colour in the drawing which consist one apartment on the 1st floor with door no. 101 and one on the 2nd floor with door no. 201.

The building is empty and is considered as an ideal choice for investment.

Way of tranfer: Contract of sale 

THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED

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