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Field - Paralimni, Famagusta

Famagusta - Ref. PR34195Map

Field-Paralimni-PR34195
Field-Paralimni-PR34195
Field-Paralimni-PR34195
Field-Paralimni-PR34195
Field-Paralimni-PR34195
Field-Paralimni-PR34195
Field-Paralimni-PR34195
Field-Paralimni-PR34195
Field-Paralimni-PR34195
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Field - Paralimni, Famagusta

Ref. PR34195

Subject to VAT

160,000

Indicative Price

  • 3,546 m2 (whole share)

Residential field in a very good location in Paralimni Municipality of Famagusta District. It is located at a distance of 550 meters northwest of METRO supermarket (Protaras avenue) and at a distance of 1.5km southwest from the beautiful beaches of Protaras. The area of the property is characterized by touristic and residential development. It is situated near to numerous amenities and services such shops, banks, restaurants and more.

It has an irregular shape and an even surface. It is noted that a registered road (not constructed yet) is crossing the property on its northern part. In addition, it is located at a distance of 15 meters (approx.) west from the nearest registered public road.

If access is obtained, this field will be an ideal investment opportunity for a property developer as it can be developed as single property or divided up into plots.

Empty plots are very sought-after in the area due to its bustling building activity (construction of holiday apartments and houses).


THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED

The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).

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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

Characteristics

  • Use: Residential
  • Land area: 3,546 m2 (whole share)
  • Title deed: The property has a separate title deed

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR34195 0/621 0/2-291-380 6 416
  • Planning zone: Κα8
  • Building Coefficient: 60%
  • Coverage Coefficient: 35%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 10

Tender Form

The Tenderers may submit their Tenders within seven (7) calendar days from the publication date displayed on https://www.altamirarealestate.com.cy/ (hereinafter "Altamira Website"). In the case where it is decided that the period of seven (7) calendar days is not sufficient, the period may be extended by an announcement to that effect on Altamira Website as indicated above within the Tender Form Section of each property. Following the expiration of the submission period, if no Tender has been submitted, the property will remain on Altamira Website and the submission period shall be extended on a weekly basis. Otherwise, in the case where a Tender has been received, the property will be removed from Altamira Website.

Location

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(35.04949188232422, 33.998992919921875)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD