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.

Please note that:
(a) only offers that exceed the reserve price shall be reviewed; and
(b) the mortgagee shall not pay any real estate agent’s fees. If a prospective purchaser appoints a real estate agent, it is their obligation to pay the real estate agent’s fee.

Part of an under construction residential complex in a quiet and beautiful area in Omodos community of Limassol district. It is located at a distance of approximately310 meters south from the church of Τimios Stavros.

The complex is being developed on three parcels of land, however the parcels for sale correspond to the parcel num. 1055 and 1059 and concern the under-construction houses no. 11 & 12 as well as the vacant parcels of land with the number 3, 4, 8, 9 and 14 as shown on the plan attached (all fall within the green outlined part).

Residence no. 11: Based on the architectural plans, the residence has a total covered area of approximately 92 sq.m. It is noted that within the property  a  basement, a reinforced concrete frame of the ground floor and an attic have been constructed. The land area of section no.11 is approximately 146 sq.m.

Residence no. 12: Based on the architectural plans, the residence has a total covered area of approximately 92 sq.m. It is noted that within the property  a  basement, a reinforced concrete frame of the ground floor and an attic have been constructed. The land area of section no.12 is approximately 153 sq.m.

Land no. 3: It has rectangular shape, with an even landscape and it is abuting a registered road on its southeastern boundary.  The area of the land is approximately 289sq.m. 

Land no. 4: It has triangle shape, with an even landscape and it is abuting a registered road on its southeastern boundary.  The area of the land is approximately 409sq.m. 

Land no. 8: It has a trapezium shape, with an even landscape and it is abuting a private dirt road road on its northern boundary.  The area of the land is approximately 218sq.m. 

Land no. 9: It has an irregular shape, with an even landscape and it is abuting a private dirt road road on its southern and northern boundary.  The area of the land is approximately 233sq.m. 

Land no. 14: It has rectangular, corner shape, with an even landscape and it is abuting a private dirt road on its southern boundary and a registered road on its northeastern boundary.  The area of the land is approximately 189sq.m. 

The property falls in residential zone with building density of 40%.

Note on title deed:

• There are incomplete houses, that are not shown on the title deed.

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: Limassol

Municipality: Omodos