Detached two-storey building with basement, in Κiti community, in Dromolaxia-Meneou Municipality, in Larnaca District. It is located on Archiepiskopou Makariou III Avenue, approximately 230 meters southeast of Kiti High School and approximately 205 meters southeast of Meneou Street.

The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc.

The parcel has a regular shape, a flat surface and abuts the Archiepiskopou Makariou III Avenue on its northwest border with a frontage of approximately 23 meters.

The building consists of two shops on the ground floor and four apartments on the upper floor. It was built around 1991. The building is described in detail below:

Shop in the northeastern part of the ground floor: It is shop No. 1, located in the northeastern part of the ground floor. It has been divided into two sections with drywall, with one section functioning as the shop and the other as a storage area. The shop consists of an open-plan retail area, a kitchen, and a toilet. Internal area: 105 sq.m. Uncovered verandas: 96 sq.m.

Shop in the northwestern part of the ground floor: It is shop No. 2, located in the northwestern part of the ground floor. The shop consists of an open-plan retail area, a kitchen, and a toilet. Internal area: 125 sq.m. Uncovered verandas: 95 sq.m.

Apartment No. 1: Apartment No. 1 is located in the northern part of the 1st floor. It consists of a living room, dining area, kitchen, two bedrooms, a bathroom/WC, and a covered veranda. Internal area: 52 sq.m. Covered verandas: 6 sq.m.

Apartment No. 2: Apartment No. 2 is located in the eastern part of the 1st floor. It consists of a living room, dining area, kitchen, two bedrooms, a bathroom/WC, and a covered veranda. Internal area: 57 sq.m. Covered verandas: 8 sq.m.

Apartment No. 3: Apartment No. 3 is located in the southern part of the 1st floor. It consists of a living room, dining area, kitchen, two bedrooms, a bathroom/WC, and a covered veranda. Internal area: 57 sq.m. Covered verandas: 8 sq.m.

Apartment No. 4: Apartment No. 4 is located in the western part of the 1st floor. It consists of a living room, dining area, kitchen, two bedrooms, a bathroom/WC, and a covered veranda. Internal area: 52 sq.m. Covered verandas: 6 sq.m.

The property is vacant and it is suitable for private use or for rental use with a good return.

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: Larnaca

Municipality: Kiti