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 are equal or 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.

Available for sale is the 1/4 vacant share (it is shwen with blue colour) of a commercial/residential plot, that corresponds to approximately 485 sq.m., in Timios Prodromos Quarter in Mesa Geitonia Municipality in Limassol District. It is located at a distance of 445 meters south of Mesa Geitonia roundabout and at a distance of 260 meters north of Spiros Kyprianou avenue.

It is located close to all necessary services and amenities. It also has good access to the motorway, the city center and the port of Limassol.

It has a regular shape and an slightly even surface and abuts onto a public road on its eastern boundary.

The share for sale corresponds to the 1/4 southeastern empty part of the field.

The property falls within the Residential Zone Kα5, having a building density of 100% and within the Commercial Zone Εβ4, having a building density of 140%.

Rights/ Easements:

• Subject to a 6.10 meter wide right-of-way as shown in the plan of file A686/62. (File No. 5/AED/21120/1980). Beneficial property: Registration No. 1/182, sheet 54, plan 500202, section 1, plot 264, Limassol, Municipality of Mesa Geitonia, Timiou Prodromos

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

- - - - - - - - - - -

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.

 - - - - - - - - - - - - -

District: Limassol

Municipality: Mesa Geitonia

Quarter: Timiou Prodromou