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.

Residential land in the Ormideia Community of Larnaca District. It is located approximately 235 meters east of the Larnaca - Agia Napa motorway and approximately 1 km west of the community's Primary School.

The property has a rectangular shape with a flat surface and has access via an unregistered road on its northwestern boundary. It is only 250 meters southwest of a registered road.

A rain water stream passes through the property.

The property falls within Residential Zone H3 (99%) with a building factor of 60% and within Protection Zone Z3 (1%) with a building factor of 1%.

Rights/Easments:

• With the right to install, use and maintain water pipes and transport water for irrigation from the salt pan located on plot 250 of the land use plan. 41/13 as shown in the plan in file A450/73. (File no. 4/AED/511406/1980). Underlying property: Reg. No. 0/2990, plot 158, Larnaca, Ormideia

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: Ormideia