Corner residential plot in a quite residential area of Paralimni Municipality, in Famagusta District. It is located close to Paralimni Lake, at a distance of 250 meters west of the 1st April Avenue and 700 meters south of the "LIDL" supermarket.

Along 1st of April avenue there is a plethora of amenities and services such as supermarkets, shops, restaurants, cafes etc.In addition, the property has excellent accessibility to the neighboring municipalities the beautiful beaches of the area and the touristic area of Protaras.

It is a corner plot with normal shape, an even surface and abuts onto Vasou Panagi and Andrea Patsalidi streets with a total frontage of 45 meters (approx.).

The building density of the site is 90%, which allows for the construction of a two-storey building (house or apartments).

It is considered as an ideal choice for individuals and land developers.

It is noted that the property falls within the Geological Zone 00A (Zone with increased risk) in which the new construction or addition is not recommended.

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: Famagusta

Municipality: Paralimni