In 2 days Bank / servicer auction

Apartment in Nicosia

Nicosia

Aerial view of Nicosia
Aerial view of Nicosia. Approximate: the notice names only the district. The notice carries no photographs.
See on the map Imagery © Esri
  • Apartment
  • 108 m²
  • Nicosia

Auction starts in

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Friday 30 October 2026, bidding 13:00–15:00 Cyprus time. Extended by up to an hour if bids come in at the end.

Participation guarantee due by Wednesday 28 October, 15:00.

About this property

door 401 on the 45th floor of the four-story apartment building called "NARIA "OvT". It consists of an open-plan living room/kitchen/dining room, four bedrooms, the main one being a bedroom, a shared bathroom with toilet, an uncovered veranda and a veranda covered with a pergola and barbecue.

Lot details

Auction date
Friday 30 October 2026, 13:00
Property type
Apartment
District
Nicosia
Uncovered verandas
12 m²
Plot size
108 m²
Share being sold
Whole property (1/1)
Registration number
3/2353
Sheet / plan / plot
21/540602
Auction reference
40ΟΗΡΥΥΥΝΡΟ
Kind of auction
Bank / servicer auction

Conditions of sale

  • Reserve price: €115,425The property is not sold below this figure.
  • Participation guarantee: €11,54310% of the reserve, paid by bank transfer, banker's draft or card block — not earlier than five business days before the auction and by 15:00 two business days before. Refunded if you do not win.
  • Bidding 10:00–12:00 on the auction dayOnline on eauction-cy.com. Each bid must beat the leading bid by at least €1. A bid in the last minute extends the auction by five minutes, up to an hour in total.
  • Balance within 20 daysThe winner pays the rest of the price to the mortgage lender within 20 days of the auction, or forfeits the guarantee and is liable for any shortfall at a later sale.
  • VATWhere VAT applies, it is paid by the buyer on top of the winning bid.
  • Sold as seenThe interest is offered without warranty as to the existence, kind or extent of the property or the debtor's title. Check the title deed and view the property first — we can arrange it.
What the notice says5 clauses, 3 notes
  1. 3/2353 21/540602/ON NICOSIA, PENELOPE AIAMEPIZMA ap. 2 Closed 1/1 1153 NICOSIA DELTA on the 40th floor space: - AGIOI Covered CONFESSORS verandas: - NICOSIA Uncovered verandas: - Reserved sale price: E115,425.00 (VAT not included) Guarantee Amount: E11,543.00 (VAT not included)
  2. The property will not be delivered unless the reserved sales price is met.
  3. The interest in the above property(ies) is/are offered for sale without further warranties as to the existence, type or extent of the property or as to the right of the mortgagee.
  4. The Highest Bidder must keep in mind that the balance of the sale price (accepted bid price plus the amount of the guarantee) must be paid to the mortgage lender, otherwise he will lose the amount of the guarantee and is liable for any damage that may occur in a subsequent sale.
  5. Bidders should note that, in cases where VAT may arise, any awarded sale price will not include the amount of VAT. This amount will be payable in addition to the sale price and will be borne by the buyer. PROPERTY 3/2353 Apartment with door no. 401 on the 45th floor of the four-story apartment building called "NARIA "UvT". It was built around 1981. It consists of an open-plan living room/kitchen/dining room, four bedrooms, the main one being a bedroom, a shared bathroom with toilet, an uncovered veranda and a veranda covered with a pergola and barbecue. The south-facing covered veranda (8 sq m) has been closed and converted into the master bedroom. Indoor areas: Approximately 108 sq m (8 sq m covered terrace which has been closed and integrated into the indoor areas), Covered verandas (Pergolas): approximately 10 sq m, Uncovered verandas: approximately 12 sq m.

Notes on the title

  • COMMON USE RIGHTS: See the Land Registry's Shared Ownership Page.
  • SHARE IN THE COMMON PROPERTY: -
  • RIGHTS/WORKS: See the Land Registry Page of Joint Ownership

Machine translation of the official Greek notice, for orientation only. The Greek text is the one that binds.

Documents

  • Official auction notice Notice of electronic auction under the 2019 Order, as published by the Ministry of Interior · PDF, 1.4 MB
  • Bid on eauction-cy.comThe licensed platform where every bank and servicer auction in Cyprus is held. Search there by the auction reference 40ΟΗΡΥΥΥΝΡΟ.
  • Title searchThe notice gives the registration number 3/2353 and sheet/plan/plot 21/540602. A search at the District Lands Office shows encumbrances and the exact boundaries. We can order one for you.

Location Nicosia

Approximate: the notice names only the district. The exact plot is 21/540602 on the Land Registry plan. Open in Google Maps

Interested in this lot?

Tell us what you need and we will put you in touch with the auction house, and help you with the viewing, the title search, registration and the guarantee.

Where this comes from

Auctions of mortgaged property in Cyprus must be published as a public notice. This page is built from that notice. index.cy is not the auctioneer and does not take bids — bidding happens on the official platform, eauction-cy.com. Last checked 27 October 2026.

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