Incomplete residential development comprising 1 incomplete  house and inexhaustible development rights, in Emba Community, of Paphos District, approximately 330 meters east of Panagia Chryseleousa church.

The property is situated close to all necessary amenities and services. In addition, it enjoys good access to the neighboring communities and municipalities.

The development consists of 3 two-storey houses, one incomplete residence, and inexhaustible development rights, with the properties for sale relating to the incomplete residence, and inexhaustible development rights.

The incomplete residence has been built within no. 7 on the ground floor of the special horizontal division plan, with a land area of approximately 241 sq.m. and is located at the point where the ground floor and first floor framework has been completed. According to the title deed, the permitted development is up to 100 sq.m. 

The inexhaustible development rights are located at no. 8 on the ground floor on the special horizontal division plan, with a land area of approximately 645 sq.m. It has an irregular shape with a slightly sloping ground surface and is accessed thru a registered road with a frontage of approximately 27 meters. According to the title deed, the permitted development is up to 430 sq.m. 

Each property has a separate title deed.

The properties fall within Residential Zone Ka8 with a building coefficient of 60%. 

The properties are sold as a single unit.

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

The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).

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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: Paphos

Municipality: Empa