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.

Ground floor detached three-bedroom house with an attic and swimming pool, corresponding to the northeastern 1/3 share of the field and to a land area of ​​approximately 1,300 sq.m., situated in Menou parish, Dromolaxia-Meneou Municipality, Larnaca District. The property is located approximately 1,750 meters southwest of Larnaca International Airport and approximately 270 meters south-east of Archiepiskopou Makariou III Avenue.

The field has a regular shape with an even surface and is abuts onto Parthenonos street on its northeastern border with a surface approximately of 55 meters. The property also benefits from a right of way through the adjoining parcel no. 445.

The field is expected to be affected by road widening and the creation of a green area in its southwestern part, with the total area affected by the road widening and green area amounting to approximately 870 sq.m.

The residence is situated in the northwestern part of the field and was constructed around 2008. It comprises an open-plan living and dining area, a kitchen with a breakfast area, an office, a storage room, three bedrooms (one of which is en-suite with a shower/WC), a bathroom/WC, a guest WC, and a covered veranda. The attic consists of two storage rooms and a WC. Externally, the property benefits from a yard, perimeter fencing, a storage room, and a swimming pool.

The internal area of the residence is 203 sq.m. (approximately), the covered verandas are 26 sq.m. (approximately), and the attic are 40 sq m (approximately).

The property has a Distribution Agreement and corresponds to the northeastern part of the field, comprising the detached ground-storey residence with an attic and swimming pool, as shown with red colour on the Distribution Agreement plan.

RIGHTS / EASEMENTS:

The property benefits from a right of way of 4.55 meters in width, as shown on Drawing No. 13 filed under Application A1201/1987 (File No. 4/AEΔ/500692/1980). The servient property is Registration No. 0/3455, Plot No. 445, located in Menou Parish, Dromolaxia-Meneou Municipality, Larnaca District.

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: Dromolaxia - Meneou

Quarter: Meneou