Residential Development - Argaka, Paphos
Not subject to VAT
The property for sale is a residential development comprising of five (5) mezonettes in a beutifull natural enviroment in Argaka, Paphos. The property is located at a distance of approximately 630 meters southeast of the coastline and at a distance of 1km approximately west of Argaka's Elementary School. The sea and a variety of amenities and services are easily accessible.
The property has a somewhat triangular shape and an even surface. It abuts onto a public road along its western boundary, whilst along its northern bounday it abuts onto a public green area and a stream. Within the eastern part of the parcel there is a residential development comprising of five (5) mezonettes which were built 14 years ago and their level of construction and maintenance is satisfactory. Three of the mezonettes comprise of two (2) bedrooms whilst the rest comprise of three (3) bedrooms. Each mezonette comprises of a living room, kitchen with dining room, guest WC and verandas on the ground floor, with bedrooms, the main bathroom and verandas with sea views on the upper floor.
The area of the building is 468 sq.m (approx.), the covered verandas is 128 sq.m (approx.). It should be noted that the existing building had acquired a planning permit, whilst the rest of the parcel is currently used as an orchard. Due to the land size any buyer will benefit from additional building density.
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.
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