Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Under-division field (Share) - Pyrga, Larnaca

Larnaca - Ref. PR34824Map

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Under-division field (Share) - Pyrga, Larnaca

Ref. PR34824

Subject to VAT

215,000

Indicative Price

  • 53,696 m2 (whole share)
  • Share for sale:


TENDER SUBMISSION DEADLINE:
TUESDAY 14 MAY 2024, 10:00 a.m.

The property for sale are the 1989/13424 shares of an under-division residential field in a quite area in Pyrga Community in Larnaca District. It is located 500 meters south of the center of the community and 2 km east of the Nicosia - Limassol motorway.

The field has an irregular shape and a smooth sloping surface. Also, it abuts onto a public registered road along its eastern boundary with a frontage of approximately 120 meters.

The property has a acquired a planning permit and a plot division permit for the division of 33 plots. The share corresponds to the under-division plots with no. 8, 14, 15, 31, 32 and 33. The plot division construction works are incomplete. With the completion of the division the areas of the plots will be as follows:

  • Plot 8 – 1099 τ.μ. (approx.)
  • Plot 14 – 765 τ.μ. (approx.)
  • Plot 15 – 863 τ.μ. (approx.)
  • Plot 31 – 1051 τ.μ. (approx.)
  • Plot 32 – 1069 τ.μ. (approx.)
  • Plot 33 – 1068 τ.μ. (approx.)

It is important to mention that there is a distribution agreement. The property is considered as an excellent opportunity for a land developer or an individual.


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: Pyrga

Characteristics

  • Use: Residential
  • Land area: 53,696 m2 (whole share)

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR34824 0/10444 40/57 0 289
  • Planning zone: Η5
  • Building Coefficient: 30%
  • Coverage Coefficient: 20%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 8,30

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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(34.920536041259766, 33.43074035644531)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD