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Ιnexhaustible development rights - Agros, Limassol

Limassol - Ref. PR45223Map

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Ιnexhaustible development rights - Agros, Limassol

Ref. PR45223

Subject to VAT

170,000

Indicative Price

  • 3,060 m2 (whole share)

Inexhaustible development rights in Agros community of Limassol District. It is situated at a distance approximately 1.1 km southeast of the community center and approximately 580 meters southeast of the Agios Varnavas church.

It has an irregular shape with an flat surface and access via a public registered road.

The inexhaustible development rights with numbers 7,19, 20, 21, as shown in the plan, concern vacant land with a total area of 1,083 sq. m. (approx.) and No. 7 concerns incomplete buildings with a total area of 209 sq. m.

According to the title deed, the property has inexhaustible development rights covering an area of 699 sq.m It also has exclusive rights to use the uncovered parking space no. 8 on the ground floor.

The property falls within the Residential Zone H4, having a building density of 40%.

Common Use Rights:

Share in communal ownership 48,80%.

Courtyard / Entrance and Staircase No. 22 on the ground floor.

Staircase No. 8 on the 1st floor.


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: Limassol

Municipality: Agros

Characteristics

  • Use: Residential
  • Land area: 3,060 m2 (whole share)
  • Title deed: The property has a separate title deed

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR45223 0/16369 38/57 0 4754
  • Planning zone: Η4
  • Building Coefficient: 40%
  • Coverage Coefficient: 25%
  • 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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(34.907726, 33.022713)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD