Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Shop - Chloraka, Paphos

Paphos - Ref. PR37170Map

Direct Sale of Collateral
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Shop - Chloraka, Paphos

Ref. PR37170

Maybe subject to VAT


Reserve Price

  • 148 m2

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.

Please note that:
(a) only offers that exceed the reserve price shall be reviewed; and
(b) the mortgagee shall not pay any real estate agent’s fees. If a prospective purchaser appoints a real estate agent, it is their obligation to pay the real estate agent’s fee.

The property for sale is a ground floor shop in Chloraka Community, in Paphos District. It is located on Griva Digeni Avenue, 450 meters northwest of the village church, and is 1 km from the beaches of the area.

It is very close to all amenities such as supermarkets, schools, bus stops and only a few minutes from the center of Paphos.

The shop is located on the ground floor of a two-storey building which was constructed in 2003 and is maintained in a good condition.

It consists of an open plan reception and display area. Part of the property has been converted into one (1) one-bedroom apartment. It has a large shop-front of 10 meters and an area of 148sq.m.

It is an ideal investment option for rent as it can obtain a satisfactory rate of return for an investor.

The building density of the plots allows for the construction of additional floors.

The area is an attractive to tourist destinations and is less than 1 km from the beaches of the area.

Tenders submitted for an Amount below the Reserve Price shall be rejected.


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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: Chlorakas


  • Year built: 2003
  • Title deed: The property has a separate title deed

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR37170 0/7521 45/50 0 435
  • Planning zone: Εβ
  • Building Coefficient: See Description/Βλέπε Περιγραφή
  • Coverage Coefficient: See Description/Βλέπε Περιγραφή
  • Maximum Floors Allowed: See Description/Βλέπε Περιγραφή
  • Maximum Building Height (m): See Description/Βλέπε Περιγραφή

Tender Form

The Tenderers may submit their Tenders within seven (7) calendar days from the publication date displayed on (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.


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