TENDER SUBMISSION DEADLINE:
TUESDAY 4 NOVEMBER, 10:00 a.m.

Two-storey wooden house with three bedrooms in Sotira Municipality, at a distance of 500 meters (approx.) north of Sotira Municipality and 450 meters (approx.) northeast of the Municipality center.

The property enjoys excellent access to the neighboring municipalities. In addition, it is ideally situated close to a plethora of amenities and services such as supermarkets, shops, bats, cafes, shops etc.

The villa no. 1  was constructed around 2011 and it is part of a housing complex named “Sotira Limni Villas”. It consists of an open plan kitchen and living/dining room, guest WC and verandas on the ground floor. The 1st floor consists of three bedrooms with the master has en-suite shower and WC, bathroom and WC. Furthermore, it has a yard .

According the horizontal division, the area of the internal spaces is 122 sqm (approx.), the covered verandas is 11 sqm (approx.), the uncovered verandas is 8 sqm (approx.) and  the yard is 186 sqm.

It is worth noting that the residence is occupied.

Way of Transfer: Assignment of contract.

The property is being sold through an assignment of a contract of sale, pursuant to which all legal rights of the seller shall be transferred to the new buyer. You are informed that there is no title deed for the subject property, and the seller cannot guarantee that a title deed will be issued in relation to the subject property. You are advised to seek independent advice in the event that the subject property will be purchased through financing, as properties without a separate title deed and/or in these circumstances, are not generally accepted by the banks as collaterals for the purpose of granting a loan.

For the subject property, no information is available regarding any accruing payments relating to the contract of sales and/or the developer’s obligations to erect the property based on the approved drawings and/or permits which is a prerequisite for the issuance of a separate Title Deed. The seller does not guarantee that a title deed will and/or may be issued in relation to the subject property. The seller does not guarantee on any additional amounts that may be owed towards any person pursuant to the contract of sales and/or otherwise.

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: Famagusta

Municipality: Sotira

Unit No: 1