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.

For sale is a 1/12 undivided share of land with an area of approximately 105 sq.m., located in the Quarter of Agios Theodoros, in the municipality of Paphos. It is located approximately 60 meters east of the Kings Avenue Mall and approximately 350 meters northwest of Agion Anargyron Avenue.

The property has an irregular shape with smooth flat ground surfaces, abutting the public road Michail Nikolaou (a cul-de-sac) on its eastern boundary, with a sidewalk on the southern boundary and a frontage of approximately 60 meters.

Within the property, a building has been constructed in the southern part of the plot consisting of a ground floor house, a two-story building in the central part of the plot consisting of a ground floor and an upper floor housing, and a two-story building with a semi-basement in the northern part of the plot, consisting of a ground floor and an upstairs housing, as well as a flat in the semi-basement.

The ground floor house in the southern part of the plot has a covered area of 146 sq.m. (approx.) and covered verandas of 13 sq.m. (approx.). The two-story building in the central part of the plot has a total covered area of 264 sq.m. (approx.) and covered verandas of 44 sq.m. (approx.). The two-story building in the northern part of the plot has a total covered area of 264 sq.m. (approx.) and covered verandas of 44 sq.m. (approx.).

The property falls within Residential Zone Κα5  with a building density of 100%.

Notes:

There are buildings that are not mentioned in the registration.

Rights/Servitudes:

The property is subject to usufruct rights.

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: Paphos

Municipality: Paphos Municipality

Quarter: Agios Theodoros