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Field (Share) - Paralimni, Famagusta

Famagusta - Ref. PR35675Map

Field-Paralimni-PR35675
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Field (Share) - Paralimni, Famagusta

Ref. PR35675

Subject to VAT

70,000

Indicative Price

  • 7,039 m2 (whole share)
  • Share for sale:

Available for sale is the 1/6 undivided share of a holiday zone field, which corresponds to an area of approximately 1,173 sqm, in Paralimni municipality of Famagusta district. It is situated approximately 35 m north of Ag. Napa - Paralimni road connection and approximately 1.5 km southwest of the local beaches.

It has an irregular shape and an even surface. It abuts onto a public registered road (Evagorou street) along its northeastern boundary with frontage of approximately 35 meters.

According to the new Local Plan of Paralimni 2024, the property falls within the Tourist Zone T2β4 with a maximum building density of 35% for tourist complexes and a maximum building density of 30% for residences.


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: 7,039 m2 (whole share)

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR35675 0/7038 0/2-293-378 14 508
  • Planning zone: Τ2β
  • Building Coefficient: 45% (Ξ) 35% (Τ.Χ./Τ.Ε./Ο.Δ.) 30% (Κ)
  • Coverage Coefficient: 20% (Ξ) 25% (Τ.Χ./Τ.Ε./Ο.Δ.) 25% (Κ)
  • Maximum Floors Allowed: 3 (Ξ) 2 (Τ.Χ./Τ.Ε./Ο.Δ.) 2 (Κ)
  • Maximum Building Height (m): 10 (Ξ) 10 (Τ.Χ./Τ.Ε./Ο.Δ.) 10 (Κ)

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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(35.02994155883789, 34.02415084838867)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD