In 4 days Bank / servicer auction

House in Paleometocho, Nicosia

Paleometocho, Nicosia·Brought to auction by KEDIPES

Aerial view of Paleometocho, Nicosia
Aerial view of Paleometocho. Approximate: shown at the centre of the area named in the notice. The notice carries no photographs.
See on the map Imagery © Esri
  • House
  • Nicosia

Auction starts in

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Tuesday 13 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 Friday 9 October, 15:00.

About this property

*The ½ share concerns a two-story residence in the northern part based on the type of occupancy.

Lot details

Auction date
Tuesday 13 October 2026, 13:00
Property type
House
Area
Paleometocho (ΠΑΛΑΙΟΜΕΤΟΧΟ)
District
Nicosia
Share being sold
1/2 share
Registration number
0/31459
Sheet / plan / plot
2-219-390
Auction reference
PVAE381T35
Kind of auction
Bank / servicer auction

Conditions of sale

  • Reserve price: €246,000The property is not sold below this figure.
  • 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.
  • Only a 1/2 share is being soldYou would own the property jointly with the other share holder(s). Take legal advice before bidding.
  • 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 says4 clauses
  1. The property will not be delivered if the reserved sales price is not met.
  2. 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 the right of the mortgagee/judgment debtor.
  3. The Highest Bidder must keep in mind that the balance of the sale price (acceptable bid price plus the amount of the guarantee) must be paid to the mortgage lender, otherwise he loses the amount of the guarantee and is liable for any damage that may occur in a subsequent sale.
  4. Bidders should note that, in cases where VAT may be applicable, 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 purchaser. *The ½ share relates to a two-storey residence in the northern section based on the type of occupancy. The mortgagee is not aware of any distribution agreement.

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, 232 KB
  • Bid on eauction-cy.comThe licensed platform where every bank and servicer auction in Cyprus is held. Search there by the auction reference PVAE381T35.
  • Title searchThe notice gives the registration number 0/31459 and sheet/plan/plot 2-219-390. A search at the District Lands Office shows encumbrances and the exact boundaries. We can order one for you.

Location Paleometocho, Nicosia

Approximate: shown at the centre of the area named in the notice. The exact plot is 2-219-390 on the Land Registry plan. Open in Google Maps

Auction house

KEDIPES Mortgage creditor or its servicer. The lot is sold on their instruction.

Interested in this lot?

Tell us what you need and we will put you in touch with KEDIPES, 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, filed by KEDIPES. index.cy is not the auctioneer and does not take bids — bidding happens on the official platform, eauction-cy.com. Last checked 18 September 2026.

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