Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Field (Share) - Xylofagou, Larnaca

Larnaca - Ref. PR36587Map

Field-Xylofagou-PR36587
Field-Xylofagou-PR36587
Field-Xylofagou-PR36587
Field-Xylofagou-PR36587
Field-Xylofagou-PR36587
Field-Xylofagou-PR36587
Field-Xylofagou-PR36587
Field-Xylofagou-PR36587
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Field (Share) - Xylofagou, Larnaca

Ref. PR36587

Subject to VAT

29,000

Indicative Price

  • 4,586 m2 (whole share)
  • Share for sale:

Available for sale is the ¼ undivided share of a residential field, which corresponds to an area of 1,146sq.m. in Xylofagou Community of Larnaca District. It is situated at a distance approximately 500 m southeast of the community’s center and at 600m north from Larnaca – Agia Napa highway.

It has a regular rectangular shape and an even surface. The property is enclosed and is at 150m approximately south of the nearest registered road.

It is noted that the 6% property falls within the Sovereign British Base Area.  According to the zone plan released in 2022 in the Sovereign British Base Area, the property falls within the Residential Zone H3, having building density coefficient 60%. The remainig 94% of the field falls within the Residential Zone (Ka6), having a building density of 90%. 


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: Xylofagou

Characteristics

  • Use: Residential
  • Land area: 4,586 m2 (whole share)

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR36587 0/4345 0/2-278-371 14 277
  • Planning zone: Η3
  • Building Coefficient: 60%
  • Coverage Coefficient: 35%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 8,30
  • Planning zone: Κα6 .10
  • Building Coefficient: 90%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 10

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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(34.973350524902344, 33.85562515258789)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD