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Field (Share) - Paralimni, Famagusta

Famagusta - Ref. PR36550Map

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Field (Share) - Paralimni, Famagusta

Ref. PR36550

Subject to VAT

96,000

Indicative Price

  • 6,233 m2 (whole share)
  • Share for sale:

Available for sale is the 1151/10200 undivided share of a touristic field, which corresponds to an area of approximately 703 sqm, in Paralimni municipality of Famagusta district. It is situated approximately 950 m west from the local beaches while aslo abutting the Protara - Kavo Gkreko Avenue on its western boundary. It is worth noting that the sidewalks have been constructed.

It has a regular shape and an inclined surface. It abuts onto a public registered road along its western boundary with frontage of approximately 65 meters.

According to the new Local Plan of Paralimni 2024, the property falls within the Tourist Planning Zone Τ1ε3 which states a wide variety of density and coverage percentages according to the particular type of use of any potential development.

It is worth noting that the property offers distant sea views.


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: Famagusta

Municipality: Paralimni

Characteristics

  • Use: Touristic
  • Land area: 6,233 m2 (whole share)

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR36550 0/21835 0/2-293-378 15 45
  • Planning zone: Τ1ε
  • Building Coefficient: 50% (Ξ) 45% (Τ.Χ/Τ.Ε.) 45% (Ο.Δ.) 30% (Κ) 30% (Υ)
  • Coverage Coefficient: 25% (Ξ) 25% (Τ.Χ/Τ.Ε.) 25% (Ο.Δ.) 20% (Κ) 20% (Υ)
  • Maximum Floors Allowed: 3 (Ξ) 2 (Τ.Χ/Τ.Ε.) 2 (Ο.Δ.) 2 (Κ) 2 (Υ)
  • Maximum Building Height (m): 13,50 (Ξ) 10 (Τ.Χ/Τ.Ε.) 10 (Ο.Δ.) 10 (Κ) 10 (Υ)

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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(35.03112030029297, 34.029640197753906)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD