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.

Two-bedroom apartment, in Pervolia community, in Larnaca District. It is situated approximately 230 meters northwest of Pervolia Primary School and approximately 1,165 meters from the coastline.

The property is ideally located close to a variety of services and amenities such as schools, shops, etc.

The apartment with door number 203 (special plan no.1) and is located on western part of the 2nd floor of an apartment building known as “Andros Kadis Court No 4”, which was built in the year 2012. It consists of an open plan living room-dining room, kitchen, toilet with bathroom, two bedrooms, and an uncovered and covered verandas. The apartment has a common right of use of the covered parking spaces no. 9, 12, 13 and 14, and the storage rooms no. 1, 3, 4 and 7 on the ground floor.

The apartment has an internal covered area of 60 sq.m., 4 sq.m. of covered verandas and 30 sq.m. of uncovered verandas.

It has also a separate title deed.

The flat it is suitable for private use or for rental use with a good return.

Notes on the Common Property Development:

• The development has been registered as a common property development in accordance with the provisions of Part IIA of Cap. 224 (ΑΧ716/2015).

• Voluntary transfer and/or mortgaging is prohibited. Certificate of Unauthorized Works:

(a)The conditions relating to facilities for persons with disabilities have not been implemented.

(b) The parking areas have not been completed.

(c) The sewer manhole located at the entrance of the plot is damaged and considered hazardous.

(d)The sidewalks in front of the plot have not been constructed.

(e)No compliance was achieved with the conditions imposed by the Fire Service.

(f)The EC Declaration of Conformity and the Elevator Inspection Certificate were not submitted.

(g)The Certificate of Completion of Works from the development's Supervising Engineer was not submitted. Relevant conditions include conditions (491), (493), (500) and (501) of Planning Permit No. ΛΑΡ/01046/2008 dated 17/11/2008, and condition (3) of Building Permit No. 015761 dated 14/05/2010 (refer to Approval Certificate No. 00152 of Building Permit File No. B860/09 and Approval Certificate No. 00164 of Division Permit File No. D281/07.

Common Rights / Easements:

The property enjoys common rights of use of a storage room and a covered parking space together with other apartments.

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: Larnaca

Municipality: Perivolia

Unit No: 203