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 an industrial warehouse with mezzanine (No.5) in one of the most popular industrial areas of Cyprus, within the Municipality of Aradippou, Larnaca District. It is located approximately 610 meters south of Rizoelia Park and approximately 1.8 km northwest of the AEK Arena Stadium.

The industrial area benefits from its direct access to the highway network with direct and easy access to all cities; Nicosia, Limassol, Paralimni and the centre of Larnaca. In particular, the area is within a short distance from the International Airport as well as from the port of Larnaca.

The warehouse with no. 5 was constructed around 2010 and is in good maintenance condition. The warehouse consists of an open plan workshop (print shop) / storage area, kitchenette, office, toilets, two fire exits and two loading/unloading doors. The mezzanine consists of offices, kitchen and toilets.

The warehouse has an area of covered spaces of approximately 359sq.m. and a mezzanine of approximately 170sq.m.

Way of transfer: Contract of sale.

Notes:

Voluntary transfer and/or mortgage is prohibited. Voluntary transfer or transfer of ownership may not be permitted.

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: Aradippou

Quarter: Agios Fanourios