Available for sale is the undivided 1/7 north share which according to the distribution agrreement correspond to 1 industrial warehouse (warehouse no. 1), in the industrial area of Agiou Fanouriou, one of the most promising industrial areas of Aradippou municipality of Larnaca district, with great mobility. The property is situated in the western part of the area, approximately 600 metres north of Ellados Avenue and approximately 20 meters west of Ivykou Avenue.

As a single unit it has a regular shape and an even surface. It abuts onto a public registered road (Neas Ioanias street) along its northwest boundary with total frontage of approximately 84 meters.

The warehouse were constructed approximately in 2008 and comprise of a metal portal frame and walls with roof with sandwich panels.

The total extent of the warehouse is 172 m² (approx.).

Noted that the warehouse is occupied.

The property falls within the industrial Zone Βα3, having a building density of 100%.

THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED

The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).

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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