Available for sale is the 1/2 undivided share of a residential field, which corresponds to an area of approximately 1,489 sqm, in Paralimniou Municipality of Famagusta District. It is situated approximately 330 m east of 1st of April Avenue and approximately 60 m south of Tasos Markou stadium.

The location of the field is advantageous as the area has excellent access both to Paralimni and Ayia Napa, as well as to the motorway.

It has a regular shape with an even surface and it is accessible though a non-registered asphalt road.

According to the new Local Plan of Paralimni 2024, the property falls within the Planning Zone ΚΓΥ4 having maximum building density of 120% on 4 floors, that allows the development of houses, offices and services.

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