Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Field - Pegeia, Paphos

Paphos - Ref. PR33197Map

Field-Pegeia-PR33197
Field-Pegeia-PR33197
Field-Pegeia-PR33197
Field-Pegeia-PR33197
Field-Pegeia-PR33197
Field-Pegeia-PR33197
Field-Pegeia-PR33197
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Field - Pegeia, Paphos

Ref. PR33197

Subject to VAT

540,000

Indicative Price

  • 6,868 m2 (whole share)


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

Large field in Pegeia that offers stunning sea views of the Coral Bay coastal area. The field in located 1.5km northeast of the Coral Bay beach, 800 meters southwest of the Municipal Stadium of Pegeia and 700 meters northeast of Agios Georgios Avenue.

It has a regular shape, a level topography with a slightly incline surface and 85 meters frontage on a registered asphalt road.

It lies within two town planning zones - Commercial Zone ΕΜΠ2 (39%), having building density coefficient 10% and Holiday Home Zone Π2 (61%) having building density coefficient 10%.

It is situated in an area that is very popular with both local and foreigners due to its proximity to the beach, shops, restaurants, amenities and most importantly due to its stunning views.

The field is an appealing investment for property developers.


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: Paphos

Municipality: Pegeia

Characteristics

  • Use: Residential
  • Land area: 6,868 m2 (whole share)
  • Views: Sea view
  • Title deed: The property has a separate title deed

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR33197 2/146 45/17W1 2 146
  • Planning zone: Π2
  • Building Coefficient: 10%
  • Coverage Coefficient: 10%
  • 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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(34.86681365966797, 32.3784294128418)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD