Field - Neo Chorio, Paphos
Maybe subject to VAT
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.
Field in Neo Chorio village in Paphos District. It is situated at a distance of approximately 1,8km northwest of the village center and approximate 600m of the sea.
It has an irregular shape, an uneven land surface and it is landlocked.
The property has panoramic view to the sea and the surrounding area.
The locality of the property is characterized by a beautiful natural environment.
The property falls within the Agricultural Zone (Δα31), having a building density of 10%.
The property falls within the Akamas Local Plan where the implementation of its provisions will come into effect on 01/09/2023. The Council of Ministers, exercising the powers granted to it based on Article 35(1) of the Town Planning and Spatial Planning Law, determines specific areas of the Local Plan within the White Zone until 31/08/2023. The Tenderer is solely responsible for checking the new cadastral and urban planning or other characteristics of the property as amended in the Akamas Local Plan as published on 24/02/2023.
THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED
Tenders submitted for an Amount below the Reserve Price shall be rejected.
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.
Municipality: New Chorio
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Neo Chorio, Paphos - Location of the Month
Direct Sale of Collateral