Field - Frenaros, Famagusta
Partially subject to VAT
Field in Frenaros Community of Famagusta District. It is situated at a distance approximately 4 km northwest of the Community center, approximately 1.4 km northeast of Frenaros – Aheritou road connection and approximately 680 m east from the settlement of Agios Georgios Vrysoullon.
It has an irregular shape with an inclined surface and it is accessible through a registered road.
It is noted that the property falls within the Sovereign British Base Area. According to the zone plan released in 2022 in the Sovereign British Base Area, the property falls within the Protection Zone Z1 (87%) having building density coefficient 6%, within Residential zone H3 (9%) which allows a maximum building density of 60% and within the Agricultural zone Γα5 (4%) which allows a maximum building density of 15%.
Within the property, there are some economically obsolete structures & green houses.
It is noted that the property is occupied.
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 Asset Management Cyprus Ltd 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 Asset Management Cyprus Ltd (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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COOPERATIVE ASSET MANAGEMENT COMPANY LTD