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Field - Mandria, Paphos

Paphos - Ref. PR42895Map

Field-Mandria-PR42895
Field-Mandria-PR42895
Field-Mandria-PR42895
Field-Mandria-PR42895
Field-Mandria-PR42895
Field-Mandria-PR42895
Field-Mandria-PR42895
Field-Mandria-PR42895
Field-Mandria-PR42895
Field-Mandria-PR42895
Field-Mandria-PR42895
Field-Mandria-PR42895
Direct Sale of Collateral
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Field - Mandria, Paphos

Ref. PR42895

Maybe subject to VAT

3,500,000

Reserve Price

  • 59,867 m2 (whole share)


IMPORTANT NOTICE
This is a direct sale of a mortgaged property, in accordance with article 44H (3) of the Immovable Property (Transfer and Mortgage) Law of 1965, as amended from time to time.

Seaside field within the tourist zone in Mandria community of Paphos district. It is situated at a distance approximately 65m east from the Church of Agia Vryani, approximately 1 km from the center of the Community and approximately 3 km from Paphos Airport.

It has a regular shape with an flat surface and west facing with a frontage of approximately 86 meters on a public registered road. Also, an unregistered road crosses the property on site and abuts government land on its western boundary.

IIt is noted that part of the property is within, the property falls within the "Public Security Zone" of the Airport where the development of any kind is prohibited.

The property falls within Tourist Zone T3γ (97%) with a building density of 25% and within a Protection Zone Ζ3(3%) with a building density of 1%.

Rights / Jobs:

Subject to a right of way. Beneficiary properties: parcels 141, 143, 166, 167, 168, 169, 170, 171, 172.

Open Files: Road construction 6/ΔAE/563/2010.

Road construction 6/ΔAE/131/2015.

Application for road registration - Additional file 6/AX/896/2022.

Road Registration 6/AX/2456/2008-Auxiliary Road Registration 6/AX/2456/2008.

Tenders submitted for an Amount below the Reserve Price shall be rejected.


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: Mandria

Characteristics

  • Use: Touristic
  • Land area: 59,867 m2 (whole share)

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR42895 0/3117 51/46 0 146
  • Planning zone: Ζ3
  • Building Coefficient: 1%
  • Coverage Coefficient: 1%
  • Maximum Floors Allowed: 1
  • Maximum Building Height (m): 5
  • Planning zone: Τ3γ
  • Building Coefficient: 25% (Ξ) 20% (Τ.Χ/Τ.Ε.) 20% (Κ)
  • Coverage Coefficient: 20% (Ξ) 20% (Τ.Χ/Τ.Ε.) 20% (Κ)
  • Maximum Floors Allowed: 3 (Ξ) 2 (Τ.Χ/Τ.Ε.) 2 (Κ)
  • Maximum Building Height (m): 13,10 (Ξ) 8,30 (Τ.Χ/Τ.Ε.) 8,30 (Κ)

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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(34.705631, 32.524757)

Seller

COOPERATIVE ASSET MANAGEMENT COMPANY LTD

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