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.

Please note that:
(a) only offers that exceed the reserve price shall be reviewed; and
(b) the mortgagee shall not pay any real estate agent’s fees. If a prospective purchaser appoints a real estate agent, it is their obligation to pay the real estate agent’s fee.

Incomplete two - storey house in a quiet location in Aradippou Municipality, in Larnaca District. The property abuts on Agiou Serafein street and it is located 690 meters (approx.) north of Kyriakou Matsi Avenue and 1.3 kilometers (approx.) southeast of Aradippou Town Hall.

The property is situated close to amenities and services such as schools, supermarkets and other amenities. In addition, the property has excellent access to the motorway and the center of Aradippou municipality.

Approximately 70% of the construction works have already been completed. According to the architectural plans the house will consist a living room/dining room as an open space, sitting room/dining room/kitchen as an open space, a laundry room, an office and a quests WC. The first floor will consist a laundry room, bathroom and four bedrooms (three bedroom are en suite). Additionally, it has an attic, covered verandas and two covered parking spaces.

The area of the internal spaces is 290 sq.m (approx.), the covered verandas 33 sq.m (approx.) and the covered parking space 35 sq.m (approx.).

The fact that the house is incomplete give the opportunity to the potential buyer to choose finishes of his own choice.

Notes:

• The right of way does not provide access to the road (AEΔ574/2000) (4/EΣ/76/2000)

Rights/ Easements:

• Subject to a 3.66 meter wide right of way along the northern side as shown in red on the plan with no. 5 (File No. 4/AEΔ/573/2000). Property owed: Reg No. 4/394, sheet 40, plan 47E1, section 4, plot 573 Larnaca, Aradippou Municipality, Apostolos Loukas.
• Subject to a 3.66 meter wide right of way along the northern side as shown in red on the plan with no. 5 (File No. 4/AEΔ/574/2000). Property owed: Reg No. 4/469, sheet 40, plan 47E1, section 4, plot 774 Larnaca, Aradippou Municipality, Apostolos Loukas.
• Subject to a 3.66 meter wide right of way along the northern side as shown in red on the plan with no. 5 (File No. 4/AEΔ/574/2000). Property owed: Reg No. 4/470, sheet 40, plan 47E1, section 4, plot 774 Larnaca, Aradippou Municipality, Apostolos Loukas.
• With a 3.66 meter wide right-of-way along the northern side as shown in red on the plan with no. 5 (File No. 4/AEΔ/574/2000). Subject property: No. Registration 4/392, sheet 40, plan 47E1, section 4, block 571, Larnaca, Aradippou Municipality, Apostolos Loukas.
• With a 3.66 meter wide right-of-way along the northern side as shown in red on the plan with no. 2 (File No. 4/AEΔ/142/2000). Subject property: No. Registration 4/392, sheet 40, plan 47E1, section 4, block 571, Larnaca, Aradippou Municipality, Apostolos Loukas.

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: Larnaca

Municipality: Aradippou

Quarter: Apostolos Loukas