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).

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