Field - Sotiros, Larnaca
Subject to VAT
The property is a field in the core in an attractive area in Sotiros Quarter in Larnaca Municipality with commercial and residential activity.
It is located at a very short distance north of Georgiou Griva Digeni Avenue and at a distance 300 meters southeast of Gianni Kranidioti Avenue. These avenues are considered as main commercial arteries of Larnaca Municipality.
The area of the property consists of residential and commercial units.
The property has an irregular shape and smooth even surface with a frontage of approximately 16 meters on Andreas Themistokleous Street.
The property is affected by road widening along its eastern boundary (small area).
The property falls within ancient monuments area.
It is worth to be mentioned that the property has a concept design for proposed residential develpment. The proposed design features 2 block of flats with 16 apartments in total.
The areas for the apartments vary from 47sqm for studios, 56sqm for one-bedroom and 90-106sqm for two bedroom apartments. Both blocks will share a common basement with 20 parking spaces (18 + 2 for disabled).
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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Municipality: Larnaca Municipality
COOPERATIVE ASSET MANAGEMENT COMPANY LTD