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Plot - Sotiros, Larnaca

Larnaca - Ref. PR14223Map

Plot-Larnaca Municipality-PR14223
Plot-Larnaca Municipality-PR14223
Plot-Larnaca Municipality-PR14223
Plot-Larnaca Municipality-PR14223
Plot-Larnaca Municipality-PR14223
Plot-Larnaca Municipality-PR14223
Plot-Larnaca Municipality-PR14223
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Plot - Sotiros, Larnaca

Ref. PR14223

Not subject to VAT

243,000

Indicative Price

  • 659 m2 (whole share)

Residential plot in Sotiros Quarter in Larnaca Municipality. It is located on Agiou Georgiou Kontou street, 350 meters (approx.) east of the Ayios Georgios Lyceum and 200 meters (approx.) southwest of the Alphamega supermarket.

The property is ideally situated close to a plethora of amenities and services such as schools, supermarkets, shops, restaurants etc. In addition, it enjoys excellent access to the Municipality center and the motorway.

It has a regular shape, a flat topography and 25 meters total frontage on a registered road. It has a high building density, 140%, making it suitable for the construction of a four-storey residential property. It is an appealing investment for both individuals and property developers.

It is noted that within the plot there are some buildings with no economical value. The buildings are rented for 1.080 euros/month.


THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED

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 Asset Management Cyprus Ltd 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 Asset Management Cyprus Ltd (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: Sotiros

Characteristics

  • Use: Residential
  • Land area: 659 m2 (whole share)
  • Title deed: The property has a separate title deed
  • The property is rented

Land Registry Information

Registration number Sheet/Plan Block Parcel Number
10/924 40/560404 10 814
  • Planning zone: Κα3
  • Building Coefficient: 140%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 3
  • Maximum Building Height (m): 13,50
Registration number Sheet/Plan Block Parcel Number
10/925 40/560404 10 815
  • Planning zone: Κα3
  • Building Coefficient: 140%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 3
  • Maximum Building Height (m): 13,50

Tender Form

The Tenderers may submit their Tenders within seven (7) calendar days from the publication date displayed on https://www.altamirarealestate.com.cy/ (hereinafter "Altamira Website"). In the case where it is decided that the period of seven (7) calendar days is not sufficient, the period may be extended by an announcement to that effect on Altamira Website as indicated above within the Tender Form Section of each property. Following the expiration of the submission period, if no Tender has been submitted, the property will remain on Altamira Website and the submission period shall be extended on a weekly basis. Otherwise, in the case where a Tender has been received, the property will be removed from Altamira Website.

Location

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(34.92253875732422, 33.61491775512695)

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD

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