TENDER SUBMISSION DEADLINE:
TUESDAY 26 MAY, 10:00 a.m.

One-bedroom flat in an attractive location in the parish of Chrysopolitissa, in the district of Larnaca. It is located approximately 150 meters southeast of the port roundabout and approximately 1 km northwest of Larnaca Marina.

The property is located near all necessary services and amenities. It offers excellent access to the city center. It should be noted that Larnaca Airport and the area’s beautiful beaches are also within easy reach.

The flat was constructed around 1992 and is part of the "Marina Apartments" development. The flat with door number 212 (No. 12) is located on the 2nd floor and consists of an open-plan kitchen/living/dining area, a bathroom with a shower, one bedroom, and a covered veranda.

The internal area is 48 sq.m. (approx.) and the covered veranda is 8 sq.m. (approx.).

The flat is vacant and is suitable for owner-occupancy or for rental; given the central location of the area, it can be rented out on a long-term or short-term basis and generate a good return.

The property is vacant.

Way of Transfer: Assignment of contract

The property is being sold through an assignment of a contract of sale, pursuant to which all legal rights of the seller shall be transferred to the new buyer. You are informed that there is no title deed for the subject property, and the seller cannot guarantee that a title deed will be issued in relation to the subject property. You are advised to seek independent advice in advance in the event that the subject property will be purchased through financing, as such assets are not generally accepted by the banks as collaterals for the purpose of granting a loan.

For the subject property, no information is available regarding any accruing payments relating to the original contract of sales and/or the developer’s obligations to erect the building based on the approved drawings and/or permits which is a prerequisite for the issuance of a separate Title Deed. The seller cannot guarantee that a title deed will and/or may be issued in relation to the subject property. The seller cannot guarantee on any additional amounts that may be owed towards the seller of the subject property pursuant to the original contract of sales.

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: Larnaca

Municipality: Larnaca Municipality

Quarter: Chrysopolitissa

Unit No: 212