IMPORTANT NOTICE
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 are equal or 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.

Available for sale is the 1/8 undivided share of a residential field, which corresponds to an area of approximately 189sq.m, in Dromolaxia quarter, in Dromolaxia - Meneou Municipality, in Larnaca district.

It is located approximately 390 meters west of Timios Prodromos church and approximately 1.3 kilometers south of “Panorio” Hall.

It has an irregular shape and an even surface. According to the title deed, the property benefits from a right of way.

Within the property there are properties which have no economic value.

The property falls within the Residential Zone Κα6 having a building density of 90%.

Notes:

• Registration is not based on the plan in use. Area according to the registration 1338sq.m. (4/EΣ/512110/1980)

Rights / Easements:

• With a right-of-way of 3,66 meters, as shown in red colour on the plan no. 1 (File No. 4/AEΔ/91/2007). Subject property: Registration No. 0/4755, sheet 50, plan 4014v01, section 1, plot 250, Larnaca, Municipality of Dromolaxia - Meneou, Dromolaxia.

Tenders submitted for an Amount below the Reserve Price shall be rejected.

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

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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: Dromolaxia - Meneou

Quarter: Dromolaxia