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Field (Share) - Aradippou, Larnaca

Larnaca - Ref. PR39972Map

Field-Aradippou-PR39972
Field-Aradippou-PR39972
Field-Aradippou-PR39972
Field-Aradippou-PR39972
Field-Aradippou-PR39972
Field-Aradippou-PR39972
Field-Aradippou-PR39972
Field-Aradippou-PR39972
Field-Aradippou-PR39972
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Field (Share) - Aradippou, Larnaca

Ref. PR39972

Subject to VAT

205,000

Indicative Price

  • 4,970 m2 (whole share)
  • Share for sale:

Available for sale is the undivided 1/3 share of a residential field, which corresponds to an area of approximately 1,656 sqm, in Vlachos quarter, in Aradippou municipality of Larnaca district. It is located in the area known as "Krasa" hill area, at a distance of approximately 1.6 km east from the Kalos Chorio roundabout while it abuts onto Limassol Avenue on its northern boundary.

The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, it has excellent access to the motorway, to the Larnaca airport and to the municipality center. It is an excellent location which designates an increased demand for residential properties due to its attractiveness and accessibility.

It has a regular shape and an inclined surface. It abuts onto a public registered road along its northern, eastern and southwestern boundary with a total frontage of approximately 145 meters.

It lies within residential Town Planning Zone Κα5 which allows for the development of a three-storey building with a building factor of 100%. It is also suitable for plot separation or a residential development.


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: Larnaca

Municipality: Aradippou

Quarter: Vlaxos

Characteristics

  • Use: Residential
  • Land area: 4,970 m2 (whole share)

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR39972 0/3361 40/63W2 34 1513
  • Planning zone: Κα5
  • Building Coefficient: 100%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 3
  • Maximum Building Height (m): 11,30

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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(34.90940856933594, 33.58589553833008)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD