TENDER SUBMISSION DEADLINE:
TUESDAY 25 AUGUST, 10:00 a.m.

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.

Studio apartment, in the Tersefanou community, in the Larnaca District. It is located approximately 320 meters southeast from the community Elementary school and approximately 560 meters southeast of the center.

The property is ideally located close to a variety of services and amenities such as schools, banks, shops, etc.

The apartment number 204Α and is located on the first floor of an apartment building with name ‘ELYSIAN FIELD SPA RESORTS BLOCK C2’ and is which was built in the year 2011. The apartment has an internal covered area of 33 sq.m. and 9 sq.m. of covered verandas. According to the title deed, the property has exclusive use of covered parking space no. 120 on the ground floor.

It has also a separate title deed.

The flat it is suitable for private use or for rental use with a good return.

Notes: The building was registered as jointly owned in accordance with the provisions of Part IIA of Law Chapter 224 (A.Χ. 220/2014) (June 27, 2023 – 4/EΣ/1527/2023).

Provisional note: According to sales document No. 1332/16, parking space No. 80 on the ground floor was sold instead of the one listed on the title deed. (AX220/14)(4/ES/1551/2023)

Rights / Easements:

Subject to a right of way and the right to install, use and maintain cables. Beneficiary property: registration no. 0/7141, parcel 1034.

Subject to the right of way and installation, use, and maintenance of pipes. Beneficiary: 1/5/11 Republic of Cyprus (File No. 4/AEΔ/513185/1980).

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: Tersefanou

Unit No: 204A (Block C2)