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Incomplete Residencial Complex (Share) - Aradippou, Larnaca

Larnaca - Ref. PR43903Map

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Incomplete Residencial Complex (Share) - Aradippou, Larnaca

Ref. PR43903

Maybe subject to VAT

275,000

Reserve Price

  • 576 m2
  • 1,914 m2 Land
  • 12 Bedrooms
  • 4 Bathrooms
  • Share for sale:

Services and facilities

  • Parking
  • G.Optional
  • Swimming pool
  • Air condition
  • Lift
  • Heating
  • Storage room


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.

Incomplete residential development (7/8 shares of the plot) in  Apostolos Loukas Quarter, Aradipppou Municipality, in Larnaca District. It is located approximately 270 metres south-west of the Rizoelia roundabout and approximately 65 metres west of Panagia Aimatous Avenue.

It is a quiet area and has very good access to both the motorway and the city center.

The development comprises 8 two-storey semi-detached and detached houses (4 completed and 4 unfinished), the construction of which began around 2009. The share for sale comprises the unfinished properties in the south-western part of the plot (Δ, Ζ, Η, Θ).

Houses H, Θ: They are incompleted only the structural frame and floor tiles have been completed. They face the southern side of the plot (Agios Georgios Ptochos Street).

House Z: Semi-detached house comprising a ground floor, basement and first floor. It is incompleted, the framework, floor slabs and part of the masonry have been completed. It faces the southern side of the plot (Agios Georgios Ptochos Street).

House Δ: Semi-detached house comprising a ground floor and first floor. It is situated at a lower level than the other three houses, facing a private road (a side street off Panagia Aimatousi Street). It is incomplete, with the structural frame and floor tiles completed.

The property falls within residential zone Κα57 having building density 80%.

Notes: There are buildings that are not listed in the registration (4/ΕΣ/854/2015)

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

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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: Larnaca

Municipality: Aradippou

Quarter: Apostolos Loukas

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR43903 10/179 40/3800 0 223
  • Planning zone: Κα7
  • Building Coefficient: 80%
  • Coverage Coefficient: 45%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 10

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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(34.950077, 33.571434)

Energy Category

energy rating

Seller

COOPERATIVE ASSET MANAGEMENT COMPANY LTD

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