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Land - Pegeia, Paphos

Paphos - Ref. PR30716View on map

Plot-Pegeia-PR30716
Plot-Pegeia-PR30716
Plot-Pegeia-PR30716
Plot-Pegeia-PR30716
Plot-Pegeia-PR30716
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Land - Pegeia, Paphos

Subject to VAT

940,000

Indicative Price

Residential land in an attractive location in Pegeia Municipality, at a distance of 1.1 km (approx.) west of Pegeia Town Hall.

The property is ideally situated close to an abundance of amenities and services such as supermarkets, shops, restaurants, schools etc.

It enjoys excellent access to the Paphos town center and the “Coral Bay” beach. Moreover, the magical Sea Caves and the impressive Avakas Gorge are also a short drive away.

The parcel has an irregular shape and an inclined surface. Specifically the parcel corresponds to inexhaustible development rights of an area of 3290 sqm with a separate title deed which correspond to the vacant part of the property. The land area is 10.155 sqm (approx.). The property is part of a large scale residential development named “Sunrise Dreams”.

It is considered as an appealing investment opportunity.

The property has acquired a planning permit for the construction of 24 houses.

Gray Standard deadline time (JPG)

Gray Standard deadline time (JPG)

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.

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.

District: Paphos

Municipality: Pegeia

Characteristics

  • Use: Residential
  • Land area: 13,700 m2 (whole share)
  • Title deed: The property has a separate title deed

Land Registry Information

Registration number Sheet/Plan Block Parcel Number
0/54618 45/9 0 1542
  • Planning zone: Η5
  • Building Coefficient: 30%
  • Coverage Coefficient: 20%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 8,30

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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Owner

Alpha Bank Cyprus Ltd

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