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.

Detached split level four-bedroom house in an attractive area in Paralimni Municipality. It is located about 170 meters north of the highway Ag. Napa – Paralimni (E324) and about 600 meters west of Protaras – Kavo Greko Avenue.

The property is ideally situated close to an abundance of amenities and services such as supermarkets, restaurants, cafes, shops etc. In addition, it has very good access to the beautiful beaches of the area and the touristic area of Protaras.

The residence was built around 1990 and is in good condition and maintenance. It is divided into a semi-basement, a ground floor and an upper level. The ground floor consists of a living and dining area, kitchen and a guest toilet. On the upper floor there are four bedrooms and a bathroom/WC. The master bedroom has its own en-suite bathroom.

The semi-basement consists of a covered parking space, laundry room and shower with WC.

The area of the internal spaces is 255sqm (approx.), the covered verandas 7sqm (approx.), the uncovered verandas 63sqm (approx.) and the semi-basement 90sqm (approx.).

According to the new Local Plan of Paralimni 2024, the property falls in touristic zone Τ2β4, with bulding factor 35%.

Notes:

• Within the property there is a semi-elevated house
• Temporary title issued in accordance with article 10 of Law 44/84

Rights/ Easements:

• Subject to a 3.66 meter wide Right of way by any means, along the western border all day long (B12/91) (No. Fac. 3/AEΔ/32033/1980). Subject property: Reg. No. 0/18044, plan 2-292-378, section 8, plot 538, Famagusta, Municipality of Paralimni.

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: Famagusta

Municipality: Paralimni